Bank of Nanjing
601009.SS
#1226
Rank
S$20.15 B
Marketcap
$1.88
Share price
-1.26%
Change (1 day)
28.57%
Change (1 year)

P/E ratio for Bank of Nanjing (601009.SS)

P/E ratio as of November 2024 (TTM): 5.88

According to Bank of Nanjing's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.8781. At the end of 2022 the company had a P/E ratio of 5.89.

P/E ratio history for Bank of Nanjing from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.891.18%
20215.82-1.35%
20205.90-4.51%
20196.1822.16%
20185.06-28.8%
20177.10-12.47%
20168.118.9%
20157.45-3.89%
20147.7544.68%
20135.36-21.38%
20126.81-20.69%
20118.59-20.47%
201010.8-58.77%
200926.2146.73%
200810.6-63.99%
200729.5

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.