Zhongsheng Group
0881.HK
#1209
Rank
$12.95 B
Marketcap
$5.39
Share price
5.40%
Change (1 day)
-34.43%
Change (1 year)

P/E ratio for Zhongsheng Group (0881.HK)

P/E ratio at the end of 2021: 13.6

According to Zhongsheng Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.64764. At the end of 2021 the company had a P/E ratio of 13.6.

P/E ratio history for Zhongsheng Group from 2010 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202113.6-25.84%
202018.429.14%
201914.271.59%
20188.29-14.77%
20179.7338.05%
20167.05-61.71%
201518.416.63%
201415.81.17%
201315.6-35.11%
201224.071.65%
201114.0-45.19%
201025.5

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.