Western Securities Co., Ltd.
002673
Rank in Stocks
#3868
Western Securities Co., Ltd. operates as a prominent Chinese financial... Western Securities Co., Ltd. operates as a prominent Chinese financial institution specializing in the securities sector. The company provides a comprehensive suite of services, encompassing securities trading brokerage, investment advisory, and financial consultation for transactions related to securities. Its activities also include corporate finance services, such as underwriting and sponsorship, alongside proprietary trading and professional asset management. Furthermore, the firm offers credit facilities like margin financing and securities lending, acts as an agent for investment funds and various financial products, engages in market-making for stock options, and provides intermediary support for futures companies. Established in 2001, its main office is situated in Xi'an, China.
Share Price
$0.95986103
Market Cap
$4.29B
Change (1 day)
1.59%
Change (1 year)
-19.76%
Country
CN
Trade Western Securities Co., Ltd. (002673)
Category
Financial Services
P/E ratio for Western Securities Co., Ltd. (002673)
P/E ratio as of October 2026 TTM: 14.74
According to Western Securities Co., Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.74. At the end of 2023 the company had a P/E ratio of 24.42.
P/E ratio history for Western Securities Co., Ltd. from 2007 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 14.74 | -43.22% |
| 2024 | 25.96 | 6.27% |
| 2023 | 24.42 | -61.37% |
| 2022 | 63.22 | 147.15% |
| 2021 | 25.58 | -36.95% |
| 2020 | 40.57 | -27.88% |
| 2019 | 56.26 | -56.35% |
| 2018 | 128.87 | 153.13% |
| 2017 | 50.91 | 13.22% |
| 2016 | 44.97 | -1.29% |
| 2015 | 45.55 | -7.37% |
| 2014 | 49.18 | 28.48% |
| 2013 | 38.27 | -60.64% |
| 2012 | 97.24 | 122.09% |
| 2011 | 43.78 | 145.45% |
| 2010 | 17.84 | 46.30% |
| 2009 | 12.19 | -49.37% |
| 2008 | 24.08 | 215.00% |
| 2007 | 7.64 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 18.90 | 28.21% |
US
|
|
| 12.47 | -15.39% |
US
|
|
| - | - |
US
|
|
| 43.76 | 196.87% |
US
|
|
| - | - |
CN
|
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.