P/E ratio for China Taiping Insurance (0966.HK)
P/E ratio at the end of 2022: 12.5
According to China Taiping Insurance's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 12.5.
P/E ratio history for China Taiping Insurance from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.5 | 144.15% |
| 2021 | 5.12 | -32.44% |
| 2020 | 7.57 | -4.66% |
| 2019 | 7.94 | -28.54% |
| 2018 | 11.1 | -37.93% |
| 2017 | 17.9 | 42.6% |
| 2016 | 12.6 | -5.12% |
| 2015 | 13.2 | -12.85% |
| 2014 | 15.2 | -24.21% |
| 2013 | 20.0 | -15.7% |
| 2012 | 23.8 | -47.01% |
| 2011 | 44.9 | 143.18% |
| 2010 | 18.4 | -60.72% |
| 2009 | 47.0 | -223.11% |
| 2008 | -38.1 | -301.14% |
| 2007 | 19.0 | -26.27% |
| 2006 | 25.7 | -353.32% |
| 2005 | -10.2 | -94.56% |
| 2004 | -187 | -594.92% |
| 2003 | 37.7 | 35.46% |
| 2002 | 27.9 | 32.11% |
| 2001 | 21.1 |
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.