China Yangtze Power
600900.SS
#159
Rank
$102.93 B
Marketcap
$4.21
Share price
0.13%
Change (1 day)
34.40%
Change (1 year)

P/E ratio for China Yangtze Power (600900.SS)

P/E ratio as of July 2024 (TTM): 30.3

According to China Yangtze Power 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.2586. At the end of 2022 the company had a P/E ratio of 22.4.

P/E ratio history for China Yangtze Power from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202222.414.06%
202119.621.55%
202016.2-13.88%
201918.825.11%
201815.0-2.62%
201715.414.95%
201613.4-6.95%
201514.4-3.21%
201414.928.31%
201311.65.92%
201210.9-19.65%
201113.6-10.26%
201015.2-46.64%
200928.5
200732.848.21%
200622.132.71%
200516.7-26.63%
200422.7

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.