Bank of Beijing
601169.SS
#1145
Rank
โ‚น1.401 T
Marketcap
โ‚น66.26
Share price
-0.53%
Change (1 day)
28.27%
Change (1 year)

P/E ratio for Bank of Beijing (601169.SS)

P/E ratio as of November 2024 (TTM): 5.30

According to Bank of Beijing's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.30076. At the end of 2022 the company had a P/E ratio of 4.23.

P/E ratio history for Bank of Beijing from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.23-2.93%
20214.35-11.86%
20204.94-14.79%
20195.80-4.97%
20186.10-15.55%
20177.22-5.76%
20167.66-3.06%
20157.9116.85%
20146.7737.29%
20134.93-26.88%
20126.744.57%
20116.44-38.6%
201010.5-51.16%
200921.5109.82%
200810.2-62.09%
200727.0

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.