| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 12.22 | -6.78% |
| 2025 | 13.11 | -39.65% |
| 2024 | 21.73 | -5.17% |
| 2023 | 22.91 | 0.71% |
| 2022 | 22.75 | -39.19% |
| 2021 | 37.41 | -66.57% |
| 2020 | 111.89 | 278.44% |
| 2019 | 29.57 | 26.19% |
| 2018 | 23.43 | 5.35% |
| 2017 | 22.24 | 3.94% |
| 2016 | 21.40 | -32.64% |
| 2015 | 31.76 | 39.75% |
| 2014 | 22.73 | 15.06% |
| 2013 | 19.75 | 2.18% |
| 2012 | 19.33 | 16.61% |
| 2011 | 16.58 | -3.53% |
| 2010 | 17.18 | 57.52% |
| 2009 | 10.91 | -30.76% |
| 2008 | 15.76 | -20.59% |
| 2007 | 19.84 | 3.03% |
| 2006 | 19.26 | 65.10% |
| 2005 | 11.66 | 4.20% |
| 2003 | 11.19 | 10.80% |
| 2002 | 10.10 | 0.00% |
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 14.05 | 15.00% |
CN
|
|
| 17.06 | 39.58% |
GB
|
|
| 15.80 | 29.29% |
CN
|
|
| 23.61 | 93.22% |
US
|
|
| 12.54 | 2.60% |
CN
|
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.