P/E ratio for China Unicom (0762.HK)
P/E ratio as of April 2024 (TTM): 10.9
According to China Unicom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.8563. At the end of 2020 the company had a P/E ratio of 9.82.
P/E ratio history for China Unicom from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 9.82 | -44.06% |
| 2019 | 17.5 | -17.23% |
| 2018 | 21.2 | -78.2% |
| 2017 | 97.2 | -64.18% |
| 2016 | 271 | 1464.29% |
| 2015 | 17.4 | 6.75% |
| 2014 | 16.3 | -21.91% |
| 2013 | 20.8 | -38.13% |
| 2012 | 33.6 | |
| 2010 | 60.5 | 167.41% |
| 2009 | 22.6 | 217.56% |
| 2008 | 7.12 | -32.66% |
| 2007 | 10.6 | -72.96% |
| 2006 | 39.1 | 128.16% |
| 2005 | 17.1 | -11.09% |
| 2004 | 19.3 | -20.24% |
| 2003 | 24.2 | 59.07% |
| 2002 | 15.2 | -40.06% |
| 2001 | 25.3 |
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.