P/E ratio for Yili Group (600887.SS)
P/E ratio as of April 2024 (TTM): 17.9
According to Yili Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.8606. At the end of 2022 the company had a P/E ratio of 20.9.
P/E ratio history for Yili Group from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.9 | -27.76% |
| 2021 | 29.0 | -23.55% |
| 2020 | 37.9 | 40.96% |
| 2019 | 26.9 | 26.86% |
| 2018 | 21.2 | -34.78% |
| 2017 | 32.5 | 71.81% |
| 2016 | 18.9 | -12.46% |
| 2015 | 21.6 | 2.69% |
| 2014 | 21.1 | -14.2% |
| 2013 | 24.5 | 20.56% |
| 2012 | 20.4 | 12.57% |
| 2011 | 18.1 | -53.69% |
| 2010 | 39.0 | 19.42% |
| 2009 | 32.7 | -958.15% |
| 2008 | -3.81 | -99.35% |
| 2007 | -590 | -839.59% |
| 2006 | 79.7 | 305.58% |
| 2005 | 19.7 | 31.16% |
| 2004 | 15.0 | -35.37% |
| 2003 | 23.2 | 11.13% |
| 2002 | 20.9 |
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.