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 |
|---|---|---|
| 2021 | 6.75 | -26.68% |
| 2020 | 9.20 | -48.09% |
| 2019 | 17.7 | -17.82% |
| 2018 | 21.6 | -82.86% |
| 2017 | 126 | -53.04% |
| 2016 | 268 | 1403.1% |
| 2015 | 17.8 | 9.49% |
| 2014 | 16.3 | -20.95% |
| 2013 | 20.6 | -39.23% |
| 2012 | 33.9 | -53.67% |
| 2011 | 73.2 | 24.15% |
| 2010 | 58.9 | 167.52% |
| 2009 | 22.0 | 292.33% |
| 2008 | 5.62 | -75.39% |
| 2007 | 22.8 | -40.08% |
| 2006 | 38.1 | 127.91% |
| 2005 | 16.7 | -9.81% |
| 2004 | 18.5 | -20.1% |
| 2003 | 23.2 | 51.47% |
| 2002 | 15.3 |
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.