China Yangtze Power
600900.SS
#182
Rank
$73.88 B
Marketcap
$3.12
Share price
-0.24%
Change (1 day)
-11.36%
Change (1 year)

P/E ratio for China Yangtze Power (600900.SS)

P/E ratio as of March 2023 (TTM): 22.6

According to China Yangtze Power 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.6133. At the end of 2021 the company had a P/E ratio of 19.5.

P/E ratio history for China Yangtze Power from 2006 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202119.521.47%
202016.1-14.42%
201918.825.04%
201815.0-2.62%
201715.414.95%
201613.4-30.94%
201519.435.89%
201414.325.61%
201311.44.14%
201210.9-19.88%
201113.6-9.54%
201015.1-47.13%
200928.5
200732.346.35%
200622.130.24%
200517.0-24.72%
200422.5-54.12%
200349.1

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.