According to China Yangtze Power 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.5763. At the end of 2022 the company had a P/E ratio of 22.4.
Year | P/E ratio | Change |
---|---|---|
2022 | 22.4 | 14.06% |
2021 | 19.6 | 21.55% |
2020 | 16.2 | -13.88% |
2019 | 18.8 | 25.11% |
2018 | 15.0 | -2.62% |
2017 | 15.4 | 14.95% |
2016 | 13.4 | -6.95% |
2015 | 14.4 | -3.21% |
2014 | 14.9 | 28.31% |
2013 | 11.6 | 5.92% |
2012 | 10.9 | -19.65% |
2011 | 13.6 | -10.26% |
2010 | 15.2 | -46.64% |
2009 | 28.5 | -16.07% |
2008 | 33.9 | 3.41% |
2007 | 32.8 | 48.21% |
2006 | 22.1 | 32.71% |
2005 | 16.7 | -26.63% |
2004 | 22.7 |
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.