China Taiping Insurance
0966.HK
#2157
Rank
S$11.19 B
Marketcap
S$3.11
Share price
7.10%
Change (1 day)
52.08%
Change (1 year)

P/E ratio for China Taiping Insurance (0966.HK)

P/E ratio at the end of 2024: 5.58

According to China Taiping Insurance's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2024 the company had a P/E ratio of 5.58.

P/E ratio history for China Taiping Insurance from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20245.5831.68%
20234.24-42.82%
20227.4167.08%
20214.43-30.17%
20206.35-2.87%
20196.54-28.19%
20189.11-37.66%
201714.643.33%
201610.2-5.12%
201510.7-12.85%
201412.3-24.21%
201316.3-15.7%
201219.3-47.01%
201136.4143.18%
201015.0-60.72%
200938.1-223.11%
2008-31.0-302.06%
200715.3-26.27%
200620.8-353.32%
2005-8.20-94.56%
2004-151-596.49%
200330.436.41%
200222.333.8%
200116.6

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.