According to China Unicom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.5472. At the end of 2020 the company had a P/E ratio of 9.82.
Year | P/E ratio | Change |
---|---|---|
2020 | 9.82 | -44.06% |
2019 | 17.5 | -17.23% |
2018 | 21.2 | -78.2% |
2017 | 97.2 | -64.18% |
2016 | 271 | 1464.38% |
2015 | 17.4 | 6.75% |
2014 | 16.3 | -21.91% |
2013 | 20.8 | -38.13% |
2012 | 33.6 | -55.28% |
2011 | 75.2 | 24.45% |
2010 | 60.5 | 167.41% |
2009 | 22.6 | 217.56% |
2008 | 7.12 | -32.66% |
2007 | 10.6 | -72.95% |
2006 | 39.1 | 128.06% |
2005 | 17.1 | -11.08% |
2004 | 19.3 | -20.24% |
2003 | 24.2 | 59.07% |
2002 | 15.2 | -40.07% |
2001 | 25.4 |
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.