Shanghai Pudong Development Bank
600000.SS
#611
Rank
$28.97 B
Marketcap
$0.99
Share price
1.13%
Change (1 day)
-5.71%
Change (1 year)

P/E ratio for Shanghai Pudong Development Bank (600000.SS)

P/E ratio as of September 2023 (TTM): 4.75

According to Shanghai Pudong Development Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.74981. At the end of 2021 the company had a P/E ratio of 5.27.

P/E ratio history for Shanghai Pudong Development Bank from 2004 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20215.274.32%
20205.05-20.15%
20196.3320.69%
20185.24-23.37%
20176.841.48%
20166.74-3.23%
20156.9714.37%
20146.0945.04%
20134.20-19.84%
20125.24-9.88%
20115.82-24.42%
20107.69-42.38%
200913.4121.69%
20086.02-85.8%
200742.453.19%
200627.780.21%
200515.48.16%
200414.2-45.96%
200326.3-3.4%
200227.2

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.