China Everbright Bank
601818.SS
#817
Rank
$24.52 B
Marketcap
$0.44
Share price
0.00%
Change (1 day)
-8.41%
Change (1 year)

P/E ratio for China Everbright Bank (601818.SS)

P/E ratio as of May 2024 (TTM): 4.17

According to China Everbright Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.17136. At the end of 2022 the company had a P/E ratio of 4.15.

P/E ratio history for China Everbright Bank from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.15-11.28%
20214.68-21.48%
20205.96-8.17%
20196.498.38%
20185.98-5.44%
20176.331.96%
20166.21-7.78%
20156.73-14.49%
20147.8795.29%
20134.03-23.36%
20125.26-17.83%
20116.40-41.82%
201011.0

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.