Sinopharm
1099.HK
#2008
Rank
NZ$13.60 B
Marketcap
$4.36
Share price
-0.74%
Change (1 day)
6.10%
Change (1 year)
The Sinopharm Group is a Chinese pharmaceutical company that researches, develops, produces, sells and markets pharmaceuticals and other health products.

P/E ratio for Sinopharm (1099.HK)

P/E ratio at the end of 2022: 6.45

According to Sinopharm's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.57962. At the end of 2022 the company had a P/E ratio of 6.45.

P/E ratio history for Sinopharm from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20226.4517.28%
20215.50-17.02%
20206.63-45.23%
201912.1-13.26%
201813.9-7.33%
201715.0-11.43%
201617.0-10.03%
201518.9-3.44%
201419.60.02%
201319.6-18.75%
201224.15.26%
201122.9-47.83%
201043.8-4.59%
200945.9

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.