P/E ratio for Chongqing Changan (000625.SZ)
P/E ratio as of May 2023 (TTM): 15.7
According to Chongqing Changan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.677. At the end of 2021 the company had a P/E ratio of 41.9.
P/E ratio history for Chongqing Changan from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 41.9 | -27.23% |
| 2020 | 57.6 | -422.74% |
| 2019 | -17.9 | -137.76% |
| 2018 | 47.3 | 459.17% |
| 2017 | 8.46 | 23.96% |
| 2016 | 6.82 | -14.22% |
| 2015 | 7.95 | -19.48% |
| 2014 | 9.88 | -35.31% |
| 2013 | 15.3 | -24.76% |
| 2012 | 20.3 | 7.36% |
| 2011 | 18.9 | 76.81% |
| 2010 | 10.7 | -64.93% |
| 2009 | 30.5 | -91.69% |
| 2008 | 367 | 550.81% |
| 2007 | 56.4 | 152.21% |
| 2006 | 22.4 | -10.29% |
| 2005 | 24.9 | 249.19% |
| 2004 | 7.14 | -45.79% |
| 2003 | 13.2 | 9.83% |
| 2002 | 12.0 | -70.57% |
| 2001 | 40.7 |
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.