China State Construction Engineering
601668.SS
#477
Rank
$36.14 B
Marketcap
$0.86
Share price
6.51%
Change (1 day)
14.67%
Change (1 year)

P/E ratio for China State Construction Engineering (601668.SS)

P/E ratio as of December 2022 (TTM): 5.23

According to China State Construction Engineering's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.23283. At the end of 2021 the company had a P/E ratio of 3.95.

P/E ratio history for China State Construction Engineering from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20213.95-14.4%
20204.62-19.45%
20195.73-10.95%
20186.44-23.64%
20178.43-8.66%
20169.2320.57%
20157.65-19.93%
20149.56109.7%
20134.56-38.43%
20127.4014.49%
20116.47-41.04%
201011.0-41.03%
200918.6

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.