P/E ratio for Tianjin FAW (000927.SZ)
P/E ratio as of April 2024 (TTM): 22.5
According to Tianjin FAW 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.5104. At the end of 2022 the company had a P/E ratio of 24.2.
P/E ratio history for Tianjin FAW from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 24.2 | 10.59% |
| 2021 | 21.9 | -61.25% |
| 2020 | 56.6 | 761.38% |
| 2019 | 6.57 | -95.01% |
| 2018 | 132 | -3061.97% |
| 2017 | -4.44 | -107.38% |
| 2016 | 60.2 | -90.83% |
| 2015 | 657 | -10362.81% |
| 2014 | -6.40 | -44.95% |
| 2013 | -11.6 | -106.54% |
| 2012 | 178 | 96.49% |
| 2011 | 90.5 | 109.14% |
| 2010 | 43.3 | -61.12% |
| 2009 | 111 | 53.98% |
| 2008 | 72.3 | -46.26% |
| 2007 | 135 | |
| 2005 | 24.7 | -83.49% |
| 2004 | 150 | 266.71% |
| 2003 | 40.8 | -449.77% |
| 2002 | -11.7 |
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.