SMIC
0981.HK
#402
Rank
โ‚ฌ47.01 B
Marketcap
3,61ย โ‚ฌ
Share price
0.17%
Change (1 day)
57.22%
Change (1 year)

P/E ratio for SMIC (0981.HK)

P/E ratio as of December 2024 (TTM): 19.9

According to SMIC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.8788. At the end of 2021 the company had a P/E ratio of 10.9.

P/E ratio history for SMIC from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202110.9-58.4%
202026.2-23.24%
201934.176.29%
201819.3-44.16%
201734.686.51%
201618.619.34%
201515.5-23.09%
201420.238.83%
201314.6-57.33%
201234.1

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.