According to China Railway Construction 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.20524. At the end of 2022 the company had a P/E ratio of 4.39.
Year | P/E ratio | Change |
---|---|---|
2022 | 4.39 | -9.91% |
2021 | 4.88 | -7.44% |
2020 | 5.27 | -27.28% |
2019 | 7.24 | -14.79% |
2018 | 8.50 | -13.02% |
2017 | 9.77 | -15.03% |
2016 | 11.5 | -15.54% |
2015 | 13.6 | -15.23% |
2014 | 16.1 | 191.12% |
2013 | 5.52 | -34.2% |
2012 | 8.39 | 41.61% |
2011 | 5.92 | -70.3% |
2010 | 19.9 | 15.63% |
2009 | 17.2 | -43.94% |
2008 | 30.8 |
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.