China Railway Construction
601186.SS
#1139
Rank
HK$126.82 B
Marketcap
HK$10.05
Share price
3.14%
Change (1 day)
18.90%
Change (1 year)
China Railway Construction or CRCC for short is a Chinese company primarily active in the railway construction sector.

P/E ratio for China Railway Construction (601186.SS)

P/E ratio as of November 2024 (TTM): 4.98

According to China Railway Construction 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.97505. At the end of 2022 the company had a P/E ratio of 4.39.

P/E ratio history for China Railway Construction from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.39-9.91%
20214.88-7.44%
20205.27-27.28%
20197.24-14.79%
20188.50-13.02%
20179.77-15.03%
201611.5-15.54%
201513.6-15.23%
201416.1191.12%
20135.52-34.2%
20128.3941.61%
20115.92-70.3%
201019.915.63%
200917.2-43.94%
200830.8

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.