China Gas
0384.HK
#2847
Rank
S$6.32 B
Marketcap
$1.16
Share price
0.00%
Change (1 day)
-7.59%
Change (1 year)
China Gas is a Chinese natural gas company that distributes natural gas in 273 Chinese cities.

P/E ratio for China Gas (0384.HK)

P/E ratio at the end of 2022: 7.43

According to China Gas 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.94708. At the end of 2022 the company had a P/E ratio of 7.43.

P/E ratio history for China Gas from 2003 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20227.43-53.62%
202116.06.29%
202015.1-12.62%
201917.3-26.38%
201823.458.17%
201714.8-40.23%
201624.827.86%
201519.4-17.9%
201423.619.82%
201319.714.8%
201217.2-24.22%
201122.735.01%
201016.8-58.6%
200940.5-14.95%
200847.782.56%
200726.14.45%
200625.0-9.34%
200527.6156.37%
200410.8-188.4%
2003-12.2

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.