Sinotrans Limited
601598.SS
#2618
Rank
NZ$11.28 B
Marketcap
NZ$1.57
Share price
-0.31%
Change (1 day)
31.62%
Change (1 year)

P/E ratio for Sinotrans Limited (601598.SS)

P/E ratio at the end of 2024: 9.75

According to Sinotrans Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.3033. At the end of 2024 the company had a P/E ratio of 9.75.

P/E ratio history for Sinotrans Limited from 2019 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20249.7517.61%
20238.2937.24%
20226.04-17.69%
20217.34-22.03%
20209.4210.66%
20198.51

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.