Shanghai Pudong Development Bank
600000.SS
#540
Rank
โ‚น3.293 T
Marketcap
โ‚น112.22
Share price
1.05%
Change (1 day)
45.31%
Change (1 year)

P/E ratio for Shanghai Pudong Development Bank (600000.SS)

P/E ratio as of December 2024 (TTM): 7.73

According to Shanghai Pudong Development Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.72592. At the end of 2022 the company had a P/E ratio of 4.70.

P/E ratio history for Shanghai Pudong Development Bank from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.70-10.8%
20215.272.26%
20205.15-18.83%
20196.3421.64%
20185.22-23.78%
20176.841.52%
20166.74-1.71%
20156.8610.18%
20146.2244.74%
20134.30-20.76%
20125.43-6.68%
20115.82-24.83%
20107.74-41.95%
200913.3122.48%
20085.99-85.89%
200742.552.93%
200627.886.08%
200514.95.09%
200414.2-46.06%
200326.3-5.08%
200227.7

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.