P/E ratio for FAW Car (000800.SZ)
P/E ratio as of April 2024 (TTM): < -1000
According to FAW Car's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1142.62. At the end of 2022 the company had a P/E ratio of 105.
P/E ratio history for FAW Car from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 105 | 759.76% |
| 2021 | 12.2 | -39.3% |
| 2020 | 20.2 | 3.4% |
| 2019 | 19.5 | -63.31% |
| 2018 | 53.1 | -36.66% |
| 2017 | 83.9 | -552.43% |
| 2016 | -18.5 | -103.68% |
| 2015 | 504 | 207.07% |
| 2014 | 164 | 752.96% |
| 2013 | 19.2 | -207.97% |
| 2012 | -17.8 | -126.83% |
| 2011 | 66.4 | 368.75% |
| 2010 | 14.2 | -45.38% |
| 2009 | 25.9 | 141.31% |
| 2008 | 10.7 | |
| 2006 | 23.7 | 57.71% |
| 2005 | 15.0 | -20.75% |
| 2004 | 19.0 | -49.42% |
| 2003 | 37.5 | -3.91% |
| 2002 | 39.0 |
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.