Guotai Junan Securities
601211.SS
#907
Rank
$21.91 B
Marketcap
$2.64
Share price
-3.48%
Change (1 day)
22.75%
Change (1 year)

P/E ratio for Guotai Junan Securities (601211.SS)

P/E ratio as of November 2024 (TTM): 13.9

According to Guotai Junan Securities's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.9282. At the end of 2022 the company had a P/E ratio of 11.0.

P/E ratio history for Guotai Junan Securities from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.01.08%
202110.8-25.78%
202014.6-27.62%
201920.2-8.26%
201822.036.39%
201716.18.66%
201614.845.04%
201510.2

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.