According to Sinopec's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.7806. At the end of 2023 the company had a P/E ratio of 11.5.
Year | P/E ratio | Change |
---|---|---|
2023 | 11.5 | 43.75% |
2022 | 7.97 | 12.19% |
2021 | 7.10 | -51.63% |
2020 | 14.7 | 37.34% |
2019 | 10.7 | 8.66% |
2018 | 9.84 | -32.56% |
2017 | 14.6 | 3.87% |
2016 | 14.1 | -24.23% |
2015 | 18.5 | 17.9% |
2014 | 15.7 | 102.38% |
2013 | 7.77 | -15.88% |
2012 | 9.24 | 8.73% |
2011 | 8.50 | -11.73% |
2010 | 9.63 | -50.3% |
2009 | 19.4 | -1.37% |
2008 | 19.6 | -45.85% |
2007 | 36.3 | 138.59% |
2006 | 15.2 | 48.82% |
2005 | 10.2 | -12.4% |
2004 | 11.7 | -48.97% |
2003 | 22.8 | 22.41% |
2002 | 18.7 | -12.53% |
2001 | 21.3 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
10.7 | -0.34% | ๐บ๐ธ USA | |
5.97 | -44.63% | ๐จ๐ณ China | |
10.7 | -0.59% | ๐บ๐ธ USA | |
3.38 | -68.61% | ๐ฌ๐ง UK | |
-22.3 | -306.54% | ๐บ๐ธ USA |
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.