China State Construction International
3311.HK
#2719
Rank
โ‚น581.28 B
Marketcap
โ‚น110.05
Share price
-0.95%
Change (1 day)
-11.80%
Change (1 year)

P/E ratio for China State Construction International (3311.HK)

P/E ratio at the end of 2024: 6.83

According to China State Construction International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.33292. At the end of 2024 the company had a P/E ratio of 6.83.

P/E ratio history for China State Construction International from 2004 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20246.8335.28%
20235.05-99.08%
2022547-23.28%
202171420933.53%
20203.39-36.73%
20195.36-1.09%
20185.42-27.23%
20177.455.22%
20167.08-20.48%
20158.90-4.79%
20149.35-37.72%
201315.028.37%
201211.729.41%
20119.04-35.93%
201014.165.87%
20098.51107.15%
20084.11-22.19%
20075.2868.89%
20063.1234.57%
20052.3215.52%
20042.01

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.