P/E ratio for FAW Car (000800.SZ)
P/E ratio as of June 2023 (TTM): 12.0
According to FAW Car's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.0182. At the end of 2021 the company had a P/E ratio of 12.2.
P/E ratio history for FAW Car from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 12.2 | -38.89% |
| 2020 | 20.0 | -93.51% |
| 2019 | 308 | 479.87% |
| 2018 | 53.1 | -14.69% |
| 2017 | 62.3 | -435.92% |
| 2016 | -18.5 | -103.73% |
| 2015 | 498 | 227.4% |
| 2014 | 152 | 684.96% |
| 2013 | 19.4 | -206.87% |
| 2012 | -18.1 | -127.27% |
| 2011 | 66.4 | 385.21% |
| 2010 | 13.7 | -47.08% |
| 2009 | 25.9 | 140.8% |
| 2008 | 10.7 | |
| 2006 | 18.9 | 25.53% |
| 2005 | 15.0 | -24.08% |
| 2004 | 19.8 | -49.55% |
| 2003 | 39.3 | -0.29% |
| 2002 | 39.4 |
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.