Postal Savings Bank of China
601658.SS
#223
Rank
$57.74 B
Marketcap
$0.63
Share price
0.22%
Change (1 day)
-18.18%
Change (1 year)

P/E ratio for Postal Savings Bank of China (601658.SS)

P/E ratio at the end of 2020: 5.27

According to Postal Savings Bank of China 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.7873. At the end of 2020 the company had a P/E ratio of 5.27.

P/E ratio history for Postal Savings Bank of China from 2019 to 2020

PE ratio at the end of each year

Year P/E ratio Change
20205.27-22.59%
20196.81

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.