China Mobile (China Mobile) Forward PE Ratio : 17.44 (As of Apr. 25, 2024)

View and export this data going back to 1997. Start your Free Trial

What is China Mobile Forward PE Ratio?

China Mobile's Forward PE Ratio for today is 17.44.

China Mobile's PE Ratio without NRI for today is 17.23.

China Mobile's PE Ratio for today is 16.75.

China Mobile Forward PE Ratio Historical Data

The historical data trend for China Mobile's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

China Mobile Forward PE Ratio Chart

China Mobile Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-12

2021-01

Forward PE Ratio

13.09

14.51

11.51

11.61

11.06

6.93

6.61

China Mobile Quarterly Data
	2015-12	2016-03	2016-06	2016-09	2016-12	2017-03	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2020-06	2020-09	2020-12
Forward PE Ratio	13.09	13.09	13.95	15.22	14.51	15.15	14.58	12.76	11.51	10.22	10.19	11.40	11.61	11.92	10.89	10.65	11.06	9.58	9.14	8.24	6.93

Competitive Comparison of China Mobile's Forward PE Ratio

For the Telecom Services subindustry, China Mobile's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China Mobile's Forward PE Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Mobile's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where China Mobile's Forward PE Ratio falls into.

China Mobile Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

China Mobile (NYSE:CHL) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

China Mobile Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of China Mobile's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

China Mobile (China Mobile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Mobile Ltd (NYSE:CHL) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

941:Mexico 00941:Hong Kong CTM:Germany 600941:China

Address

99 Queen’s Road Central, 60th Floor, The Center, Hong Kong, HKG

Website

https://www.chinamobileltd.com

China Mobile is not only the largest telecom operator in China by the number of mobile subscribers (990 million) but also the largest in the world. It has 60% of the total wireless market in China and 45% of the fixed-line broadband market. The firm is continuing to roll out its 5G network, having launched 5G service in late 2019. It is doing some 5G network sharing with China Broadnet at 700 MHz and also resells its 2G/4G/5G network through China Broadnet. Strong growth is being generated through internet data centers where it has the second-largest network in China and through Cloud Services. The company issued stock on the A-share market in 2022 and completed its first buyback of H-shares.