P/E ratio for China Motor Bus Company (0026.HK)
P/E ratio at the end of 2022: 54.6
According to China Motor Bus Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.6038. At the end of 2022 the company had a P/E ratio of 54.6.
P/E ratio history for China Motor Bus Company from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 54.6 | -120.07% |
| 2021 | -272 | -826.12% |
| 2020 | 37.4 | 840.01% |
| 2019 | 3.98 | -15.78% |
| 2018 | 4.73 | -38.52% |
| 2017 | 7.69 | -19.79% |
| 2016 | 9.59 | 15.27% |
| 2015 | 8.32 | 101.77% |
| 2014 | 4.12 | -37.79% |
| 2013 | 6.63 | -10.91% |
| 2012 | 7.44 | 51.23% |
| 2011 | 4.92 | -4.29% |
| 2010 | 5.14 | -37.33% |
| 2009 | 8.20 | -0.09% |
| 2008 | 8.21 | 34.08% |
| 2007 | 6.12 | -7.85% |
| 2006 | 6.64 | 1.15% |
| 2005 | 6.57 | -29.77% |
| 2004 | 9.35 | -53.76% |
| 2003 | 20.2 | -28.62% |
| 2002 | 28.3 | 128.82% |
| 2001 | 12.4 |
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.