Guangdong Provincial Expressway Development Co., Ltd.
000429
Rank in Stocks
#4275
Guangdong Provincial Expressway Development Co., Ltd., a subsidiary of... Guangdong Provincial Expressway Development Co., Ltd., a subsidiary of Guangdong Communication Group Co., Ltd., specializes in the development and operation of expressways and bridges across the People's Republic of China. The company's responsibilities extend to the toll collection, management, and ongoing maintenance of key routes such as the Guangfo, Fokai, Jingzhu (Guangzhu section), and Guanghui Expressways. Diversifying its portfolio, it also invests in technology-focused industries and provides related consulting expertise. Moreover, the company offers a broad range of auxiliary services, including fueling stations, roadside assistance, vehicle maintenance and transport, and catering support. Its activities also encompass the development and investment in warehousing solutions, along with the supply of spare parts and components. By the close of 2021, the company managed 306.78 kilometers of expressways under its share-controlled umbrella and held participation in an additional 295.88 kilometers. Founded in 1993 and headquartered in Guangzhou, China, the company was initially known as Guangdong Fokai Expressway Co., Ltd. before rebranding to its current name in June of that founding year.
Share Price
$1.93
Market Cap
$3.71B
Change (1 day)
-3.42%
Change (1 year)
20.32%
Country
CN
Trade Guangdong Provincial Expressway Development Co., Ltd. (000429)
Category
Industrials
P/E ratio for Guangdong Provincial Expressway Development Co., Ltd. (000429)
P/E ratio as of October 2026 TTM: 17.87
According to Guangdong Provincial Expressway Development Co., Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.87. At the end of 2024 the company had a P/E ratio of 19.60.
P/E ratio history for Guangdong Provincial Expressway Development Co., Ltd. from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 17.87 | -100.00% |
| 2025 | 0.00 | -100.00% |
| 2024 | 19.60 | 77.97% |
| 2023 | 11.01 | 20.88% |
| 2022 | 9.11 | 42.90% |
| 2021 | 6.38 | -31.23% |
| 2020 | 9.27 | -32.43% |
| 2019 | 13.72 | 32.60% |
| 2018 | 10.35 | -8.31% |
| 2017 | 11.29 | -14.20% |
| 2016 | 13.15 | -48.66% |
| 2015 | 25.62 | 29.65% |
| 2014 | 19.76 | -32.33% |
| 2013 | 29.20 | 29.37% |
| 2012 | 22.57 | 18.07% |
| 2011 | 19.12 | 22.96% |
| 2010 | 15.55 | -25.96% |
| 2009 | 21.00 | 80.16% |
| 2008 | 11.66 | -55.09% |
| 2007 | 25.96 | 52.72% |
| 2006 | 17.00 | 26.70% |
| 2005 | 13.41 | -34.12% |
| 2004 | 20.36 | -22.37% |
| 2003 | 26.23 | 1.06% |
| 2002 | 25.95 | -24.40% |
| 2001 | 34.33 | -54.66% |
| 2000 | 75.72 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 115.83 | 548.24% |
AU
|
|
| 27.01 | 51.14% |
AE
|
|
| 15.07 | -15.65% |
CN
|
|
| - | - |
CN
|
|
| - | - |
MX
|
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.