According to Shanghai Pudong Development Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.80311. At the end of 2024 the company had a P/E ratio of 7.70.
Year | P/E ratio | Change |
---|---|---|
2024 | 7.70 | 24.43% |
2023 | 6.19 | 32.58% |
2022 | 4.67 | -11.48% |
2021 | 5.27 | 4.32% |
2020 | 5.05 | -20.15% |
2019 | 6.33 | 20.69% |
2018 | 5.24 | -23.37% |
2017 | 6.84 | 1.52% |
2016 | 6.74 | -3.3% |
2015 | 6.97 | 14.4% |
2014 | 6.09 | 45.3% |
2013 | 4.19 | -19.98% |
2012 | 5.24 | -9.88% |
2011 | 5.82 | -24.47% |
2010 | 7.70 | -42.16% |
2009 | 13.3 | 121.21% |
2008 | 6.02 | -85.83% |
2007 | 42.5 | 53.64% |
2006 | 27.6 | 85.22% |
2005 | 14.9 | 5.09% |
2004 | 14.2 | -45.96% |
2003 | 26.3 | -3.4% |
2002 | 27.2 | -23.62% |
2001 | 35.6 |
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.