China Tower Corporation Limited
0788
Rank in Stocks
#1153
China Tower Corporation Limited serves as a prominent telecommunications... China Tower Corporation Limited serves as a prominent telecommunications infrastructure provider throughout the People's Republic of China. The company's core operations involve the development, upkeep, and management of essential base station facilities. This includes not only traditional telecommunication towers but also extensive public network coverage solutions for high-speed railways, subway systems, and large indoor distributed antenna networks. It furnishes telecommunication service providers with crucial infrastructure components such as towers, equipment shelters, cabinets, and supplementary hardware necessary for installing their communication apparatus. Beyond infrastructure provision, China Tower offers comprehensive maintenance, covering continuous equipment operation monitoring, regular site inspections, rapid response to device malfunctions, property upkeep, environmental protection, and detailed operational analysis. To support customer telecommunications equipment, the firm ensures reliable power access, supplies batteries, and provides backup power generation. Its specialized indoor distributed antenna systems are critical for linking telecommunication equipment, facilitating the transmission and reception of mobile network signals within buildings, major venues, and tunnels. Moreover, the company extends its services to include emergency backup power for corporate clients, convenient battery exchange options for individual customers, and battery recharging for both corporate and individual users. It also delivers integrated solutions encompassing information services, power generation, and energy storage, alongside trans-sector site application and related information services. Established in 2014 and headquartered in Beijing, People's Republic of China, the company was initially known as China Communications Facilities Services Corporation Limited before adopting its current name, China Tower Corporation Limited, in September 2014.
Share Price
$1.12
Market Cap
$19.53B
Change (1 day)
-2.07%
Change (1 year)
-23.11%
Country
CN
Trade China Tower Corporation Limited (0788)
Category
Communication Services
P/E ratio for China Tower Corporation Limited (0788)
P/E ratio as of October 2026 TTM: 9.68
According to China Tower Corporation Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.68. At the end of 2024 the company had a P/E ratio of 17.14.
P/E ratio history for China Tower Corporation Limited from 2015 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 9.68 | -37.53% |
| 2025 | 15.50 | -9.58% |
| 2024 | 17.14 | 28.65% |
| 2023 | 13.32 | -9.72% |
| 2022 | 14.76 | -11.67% |
| 2021 | 16.71 | -35.97% |
| 2020 | 26.09 | -49.52% |
| 2019 | 51.68 | -28.99% |
| 2018 | 72.78 | 4.25% |
| 2017 | 69.81 | -96.36% |
| 2016 | 1.92K | -5,160.06% |
| 2015 | -37.93 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 11.17 | 15.34% |
HK
|
|
| 11.57 | 19.47% |
US
|
|
| 16.47 | 70.11% |
US
|
|
| 7.62 | -21.33% |
US
|
|
| 14.41 | 48.80% |
DE
|
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.