Shanghai Commercial and Savings Bank
5876.TW
#1756
Rank
$7.52 B
Marketcap
$1.55
Share price
1.51%
Change (1 day)
-9.88%
Change (1 year)

P/E ratio for Shanghai Commercial and Savings Bank (5876.TW)

P/E ratio as of March 2023 (TTM): 12.6

According to Shanghai Commercial and Savings Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.5679. At the end of 2021 the company had a P/E ratio of 15.0.

P/E ratio history for Shanghai Commercial and Savings Bank from 2017 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202115.08.61%
202013.8-8.56%
201915.125.34%
201812.17.5%
201711.218.52%
20169.46-10.22%
201510.5-18.69%
201413.0

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.