China Merchants Securities
600999.SS
#868
Rank
C$32.25 B
Marketcap
$3.85
Share price
-0.46%
Change (1 day)
52.66%
Change (1 year)

P/E ratio for China Merchants Securities (600999.SS)

P/E ratio as of December 2024 (TTM): 19.3

According to China Merchants Securities's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.3391. At the end of 2022 the company had a P/E ratio of 15.5.

P/E ratio history for China Merchants Securities from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202215.59.53%
202114.1-35.87%
202022.022.51%
201918.0-27.08%
201824.612.04%
201722.023.4%
201617.854.45%
201511.5-70.65%
201439.348.88%
201326.4-12.36%
201230.127.32%
201123.712.26%
201021.1-18.2%
200925.8

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.