China Railway Materials
000927.SZ
#4142
Rank
NZ$3.65 B
Marketcap
$0.60
Share price
-0.40%
Change (1 day)
-0.09%
Change (1 year)

P/E ratio for China Railway Materials (000927.SZ)

P/E ratio as of April 2025 (TTM): 19.3

According to China Railway Materials's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.2509. At the end of 2024 the company had a P/E ratio of 35.6.

P/E ratio history for China Railway Materials from 2004 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202435.625.77%
202328.318.81%
202223.88.6%
202121.9-16.73%
202026.321.89%
201921.6-83.59%
2018132-3061.97%
2017-4.44-107.38%
201660.2-90.92%
2015663-10738.04%
2014-6.23-47.04%
2013-11.8-105.09%
2012231159.7%
201189.1109.2%
201042.6-61.66%
200911182.73%
200860.8-58.67%
2007147310.25%
200635.845.02%
200524.7-83.79%
2004152273.01%
200340.9-450.16%
2002-11.7-87.46%
2001-93.1

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.