China Unicom
0762.HK
#808
Rank
$21.90 B
Marketcap
$0.72
Share price
0.00%
Change (1 day)
33.33%
Change (1 year)

P/E ratio for China Unicom (0762.HK)

P/E ratio as of January 2023 (TTM): 10.7

According to China Unicom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.6674. At the end of 2021 the company had a P/E ratio of 6.75.

P/E ratio history for China Unicom from 2001 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20216.75-26.68%
20209.20-48.09%
201917.7-17.82%
201821.6-82.86%
2017126-53.04%
20162681403.1%
201517.89.49%
201416.3-20.95%
201320.6-39.23%
201233.9-53.67%
201173.224.15%
201058.9167.52%
200922.0292.33%
20085.62-75.39%
200722.8-40.08%
200638.1127.91%
200516.7-9.81%
200418.5-20.1%
200323.251.47%
200215.3

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.