According to Agricultural Bank of China's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.79995. At the end of 2022 the company had a P/E ratio of 4.22.
Year | P/E ratio | Change |
---|---|---|
2022 | 4.22 | -6.76% |
2021 | 4.52 | -15.01% |
2020 | 5.32 | -14.91% |
2019 | 6.25 | 6.61% |
2018 | 5.87 | -11.16% |
2017 | 6.60 | 17.16% |
2016 | 5.64 | -4.02% |
2015 | 5.87 | -12.94% |
2014 | 6.75 | 38.72% |
2013 | 4.86 | -21.85% |
2012 | 6.22 | -9.75% |
2011 | 6.89 | -15.1% |
2010 | 8.12 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
7.14 | 5.02% | ๐จ๐ณ China | |
6.09 | -10.38% | ๐จ๐ณ China | |
4.44 | -34.72% | ๐จ๐ณ China |
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.