Wuliangye Yibin
000858.SZ
#221
Rank
โ‚ฌ78.96 B
Marketcap
20,34ย โ‚ฌ
Share price
-3.56%
Change (1 day)
1.14%
Change (1 year)

P/E ratio for Wuliangye Yibin (000858.SZ)

P/E ratio as of November 2024 (TTM): 20.5

According to Wuliangye Yibin's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.5281. At the end of 2022 the company had a P/E ratio of 26.3.

P/E ratio history for Wuliangye Yibin from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202226.3-28.92%
202137.0-34.87%
202056.891.26%
201929.7106.62%
201814.4-54.19%
201731.462.48%
201619.315.08%
201516.819.86%
201414.087.58%
20137.46-30.87%
201210.8-46.66%
201120.2-32.26%
201029.9-19.38%
200937.032.13%
200828.0-71.3%
200797.7105.62%
200647.590.92%
200524.913.38%
200421.91.67%
200321.61.07%
200221.4-5.74%
200122.7

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.