China CITIC Bank Corporation Limited
601998
Rank in Stocks
#326
China CITIC Bank Corporation Limited provides an extensive array of banking and... China CITIC Bank Corporation Limited provides an extensive array of banking and financial services, catering to clients within the People's Republic of China and internationally. Its operations are strategically divided into Corporate Banking, Personal Banking, and Treasury Operations segments. The institution facilitates various financial activities, such as accepting deposits, offering loans to both corporate and individual customers, managing securities agency accounts, processing remittances and settlements, and issuing guarantees. Additionally, it engages in investment banking, provides international financial services, and actively participates in capital markets through inter-bank money market transactions, repurchase agreements, investments, and trading in debt instruments, as well as derivatives and foreign exchange dealings. Beyond these core banking functions, the company extends into asset management, finance leasing, and other non-banking financial provisions. Its clientele is diverse, encompassing corporations, government entities, non-financial institutions, individual consumers, and micro and small enterprises. As of December 31, 2021, the bank maintained a substantial physical presence with 1,415 outlets, which included 37 tier-one branches, 126 tier-two branches, and 1,252 sub-branches. Complementing this, it operated 1,569 self-service banking centers, 5,398 self-service terminals, and 9,078 smart teller machines. Founded in 1987, the company is headquartered in Beijing, PRC, and operates as a subsidiary of CITIC Corporation Limited.
Share Price
$1.33
Market Cap
$74.16B
Change (1 day)
-1.22%
Change (1 year)
19.77%
Country
CN
Trade China CITIC Bank Corporation Limited (601998)
Category
Financial Services
P/E ratio for China CITIC Bank Corporation Limited (601998)
P/E ratio as of October 2026 TTM: 6.95
According to China CITIC Bank Corporation Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.95. At the end of 2024 the company had a P/E ratio of 5.33.
P/E ratio history for China CITIC Bank Corporation Limited from 2003 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 6.95 | 8.30% |
| 2025 | 6.42 | 20.33% |
| 2024 | 5.33 | 37.96% |
| 2023 | 3.87 | -1.50% |
| 2022 | 3.92 | -3.42% |
| 2021 | 4.06 | -20.41% |
| 2020 | 5.11 | -18.81% |
| 2019 | 6.29 | 7.32% |
| 2018 | 5.86 | -19.35% |
| 2017 | 7.27 | -3.57% |
| 2016 | 7.53 | -8.42% |
| 2015 | 8.23 | -12.28% |
| 2014 | 9.38 | 104.11% |
| 2013 | 4.60 | -29.30% |
| 2012 | 6.50 | 14.52% |
| 2011 | 5.68 | -39.71% |
| 2010 | 9.42 | -57.67% |
| 2009 | 22.24 | 130.36% |
| 2008 | 9.66 | -78.44% |
| 2007 | 44.80 | -52.71% |
| 2006 | 94.72 | -15.51% |
| 2005 | 112.11 | -22.17% |
| 2004 | 144.05 | -36.98% |
| 2003 | 228.58 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 7.16 | 2.99% |
CN
|
|
| - | - |
IT
|
|
| 13.66 | 96.48% |
JP
|
|
| - | - |
IN
|
|
| 7.24 | 4.11% |
PH
|
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.