Hangzhou Binjiang Real Estate Group Co.,Ltd
002244
Rank in Stocks
#3888
Hangzhou Binjiang Real Estate Group Co.,Ltd, a property enterprise founded in... Hangzhou Binjiang Real Estate Group Co.,Ltd, a property enterprise founded in 1992 and headquartered in Hangzhou, China, primarily focuses on real estate development across the country. Its activities also extend to the sale and leasing of various properties, including office complexes, retail units within commercial structures, neighborhood business spaces, and residential apartments.
Share Price
$1.38
Market Cap
$4.24B
Change (1 day)
-0.31%
Change (1 year)
-16.84%
Country
CN
Trade Hangzhou Binjiang Real Estate Group Co.,Ltd (002244)
Category
Real Estate
P/E ratio for Hangzhou Binjiang Real Estate Group Co.,Ltd (002244)
P/E ratio as of October 2026 TTM: 16.04
According to Hangzhou Binjiang Real Estate Group Co.,Ltd latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.04. At the end of 2023 the company had a P/E ratio of 8.64.
P/E ratio history for Hangzhou Binjiang Real Estate Group Co.,Ltd from 2005 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 16.04 | 52.72% |
| 2024 | 10.50 | 21.50% |
| 2023 | 8.64 | 17.70% |
| 2022 | 7.34 | 149.20% |
| 2021 | 2.95 | -26.80% |
| 2020 | 4.03 | 3.62% |
| 2019 | 3.88 | -57.09% |
| 2018 | 9.05 | -28.54% |
| 2017 | 12.67 | -16.50% |
| 2016 | 15.17 | -29.47% |
| 2015 | 21.51 | 165.70% |
| 2014 | 8.10 | 91.38% |
| 2013 | 4.23 | -41.34% |
| 2012 | 7.21 | -5.78% |
| 2011 | 7.66 | -23.01% |
| 2010 | 9.94 | -47.20% |
| 2009 | 18.83 | 134.17% |
| 2008 | 8.04 | -59.63% |
| 2007 | 19.92 | -52.96% |
| 2006 | 42.36 | 229.17% |
| 2005 | 12.87 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 14.26 | -11.09% |
HK
|
|
| 7.85 | -51.02% |
HK
|
|
| - | - |
AE
|
|
| 11.63 | -27.47% |
HK
|
|
| 12.94 | -19.32% |
JP
|
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.