China Resources Beer
0291.HK
#1771
Rank
A$17.03 B
Marketcap
A$5.25
Share price
-0.59%
Change (1 day)
3.63%
Change (1 year)

P/E ratio for China Resources Beer (0291.HK)

P/E ratio at the end of 2024: 15.6

According to China Resources Beer 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2024 the company had a P/E ratio of 15.6.

P/E ratio history for China Resources Beer from 2002 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202415.6-14.48%
202318.2-45.15%
202233.30.26%
202133.2-60.46%
202083.9-3.57%
201987.027.42%
201868.317.57%
201758.15.17%
201655.2-900.9%
2015-6.90-93.27%
2014-102-801.7%
201314.691.08%
20127.64-17.76%
20119.2964.24%
20105.66-40.27%
20099.4769.87%
20085.57-14.24%
20076.50-11.64%
20067.3649.69%
20054.91-18.04%
20046.0036.31%
20034.4027.62%
20023.45

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.