Wanhua Chemical
600309.SS
#512
Rank
$39.06 B
Marketcap
$12.44
Share price
-0.12%
Change (1 day)
0.58%
Change (1 year)

P/E ratio for Wanhua Chemical (600309.SS)

P/E ratio as of May 2024 (TTM): 19.1

According to Wanhua Chemical's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.1441. At the end of 2022 the company had a P/E ratio of 17.9.

P/E ratio history for Wanhua Chemical from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.939.28%
202112.9-54.78%
202028.563.6%
201917.4203.29%
20185.73-38.19%
20179.28-26.07%
201612.5-47.99%
201524.124.04%
201419.425.88%
201315.47.87%
201214.3-4.53%
201115.0-27.85%
201020.8-44.58%
200937.5271.4%
200810.1-76.65%
200743.355.85%
200627.843.78%
200519.3-6.7%
200420.7-8.17%
200322.5-19.51%
200228.0

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.