Wuliangye Yibin
000858.SZ
#163
Rank
$82.90 B
Marketcap
$21.36
Share price
-0.31%
Change (1 day)
-17.40%
Change (1 year)

P/E ratio for Wuliangye Yibin (000858.SZ)

P/E ratio as of September 2023 (TTM): 20.1

According to Wuliangye Yibin's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.1151. At the end of 2021 the company had a P/E ratio of 37.4.

P/E ratio history for Wuliangye Yibin from 2003 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202137.4-32.91%
202055.888.35%
201929.6106.1%
201814.4-54.15%
201731.462.48%
201619.313.91%
201516.922.12%
201413.995.37%
20137.10-34.18%
201210.8-46.66%
201120.2-31%
201029.3-19.42%
200936.426.19%
200828.8-75.46%
2007117121.81%
200652.9112.86%
200524.913.55%
200421.9-0.27%
200322.0-0.22%
200222.0

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.