Postal Savings Bank of China
601658.SS
#280
Rank
HK$558.17 B
Marketcap
HK$5.93
Share price
1.09%
Change (1 day)
24.41%
Change (1 year)

P/E ratio for Postal Savings Bank of China (601658.SS)

P/E ratio at the end of 2022: 5.44

According to Postal Savings Bank of China 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.18638. At the end of 2022 the company had a P/E ratio of 5.44.

P/E ratio history for Postal Savings Bank of China from 2019 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20225.44-17.03%
20216.55-2.08%
20206.69-17.09%
20198.07

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.