P/E ratio for Great Wall Motors (601633.SS)
P/E ratio as of March 2023 (TTM): 59.7
According to Great Wall Motors 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 59.6557. At the end of 2021 the company had a P/E ratio of 66.6.
P/E ratio history for Great Wall Motors from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 66.6 | 5.65% |
| 2020 | 63.0 | 249.3% |
| 2019 | 18.0 | 83.3% |
| 2018 | 9.84 | -52.89% |
| 2017 | 20.9 | 119.11% |
| 2016 | 9.53 | -30.66% |
| 2015 | 13.8 | -12% |
| 2014 | 15.6 | 2.57% |
| 2013 | 15.2 | 22.26% |
| 2012 | 12.5 | 26.99% |
| 2011 | 9.81 |
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.