P/E ratio for Great Wall Motors (601633.SS)
P/E ratio as of April 2024 (TTM): 31.3
According to Great Wall Motors 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.2912. At the end of 2022 the company had a P/E ratio of 32.5.
P/E ratio history for Great Wall Motors from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 32.5 | -51.05% |
| 2021 | 66.5 | 3.39% |
| 2020 | 64.3 | 258.85% |
| 2019 | 17.9 | 80.53% |
| 2018 | 9.93 | -52.06% |
| 2017 | 20.7 | 117.23% |
| 2016 | 9.53 | -30.08% |
| 2015 | 13.6 | 21.93% |
| 2014 | 11.2 | -26.77% |
| 2013 | 15.3 | 20.46% |
| 2012 | 12.7 | 29.17% |
| 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.