According to Bank of Beijing's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.5842. At the end of 2022 the company had a P/E ratio of 4.23.
Year | P/E ratio | Change |
---|---|---|
2022 | 4.23 | -2.93% |
2021 | 4.35 | -11.86% |
2020 | 4.94 | -14.79% |
2019 | 5.80 | -4.97% |
2018 | 6.10 | -15.55% |
2017 | 7.22 | -5.76% |
2016 | 7.66 | -3.06% |
2015 | 7.91 | 16.85% |
2014 | 6.77 | 37.29% |
2013 | 4.93 | -26.88% |
2012 | 6.74 | 4.57% |
2011 | 6.44 | -38.6% |
2010 | 10.5 | -51.16% |
2009 | 21.5 | 109.82% |
2008 | 10.2 | -62.09% |
2007 | 27.0 |
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.