Hua Xia Bank
600015.SS
#1072
Rank
โ‚น1.482 T
Marketcap
โ‚น93.15
Share price
1.14%
Change (1 day)
38.28%
Change (1 year)

P/E ratio for Hua Xia Bank (600015.SS)

P/E ratio as of December 2024 (TTM): 4.94

According to Hua Xia Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.9428. At the end of 2022 the company had a P/E ratio of 3.63.

P/E ratio history for Hua Xia Bank from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20223.63-12.51%
20214.15-20.36%
20205.21-6.97%
20195.6019.48%
20184.69-22.94%
20176.082.9%
20165.91-13.35%
20156.822.34%
20146.6635.31%
20134.93-10.93%
20125.53-27.09%
20117.58-17.01%
20109.14-44.55%
200916.559.5%
200810.3-73.02%
200738.380.15%
200621.336.64%
200515.6-9.23%
200417.1

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.