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China Resources Power Holdings Co (China Resources Power Holdings Co) Forward PE Ratio

: 6.55 (As of Today)
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China Resources Power Holdings Co's Forward PE Ratio for today is 6.55.

China Resources Power Holdings Co's PE Ratio without NRI for today is 8.07.

China Resources Power Holdings Co's PE Ratio for today is 8.45.


China Resources Power Holdings Co Forward PE Ratio Historical Data

The historical data trend for China Resources Power Holdings Co'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 Resources Power Holdings Co Annual Data
Trend 2016-12 2017-08 2018-12 2019-12 2020-10 2021-12 2022-12 2023-11
Forward PE Ratio
5.96 10.03 8.27 5.65 5.04 11.36 4.88 4.61

China Resources Power Holdings Co Semi-Annual Data
2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-09 2021-03 2021-12 2022-03 2022-06 2022-09 2022-12
Forward PE Ratio 6.33 5.30 7.05 5.96 9.28 10.01 9.56 10.57 8.48 8.27 8.90 7.20 5.57 5.65 5.98 5.04 4.16 11.36 6.04 6.44 5.24 4.88

Competitive Comparison

For the Utilities - Independent Power Producers subindustry, China Resources Power Holdings Co'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 Resources Power Holdings Co Forward PE Ratio Distribution

For the Utilities - Independent Power Producers industry and Utilities sector, China Resources Power Holdings Co's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where China Resources Power Holdings Co's Forward PE Ratio falls into.



China Resources Power Holdings Co 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 Resources Power Holdings Co  (OTCPK:CRPJF) 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 Resources Power Holdings Co Forward PE Ratio Related Terms

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China Resources Power Holdings Co (China Resources Power Holdings Co) Business Description

Traded in Other Exchanges
Address
26 Harbour Road, Rooms 2001-2002, 20th Floor, China Resources Building, Wanchai, HKG
China Resources Power, or CR Power, is one of China's largest independent power producers. The firm operates wind farms, photovoltaic power plants, hydroelectric power plants and thermal power (coal-fired and gas-fired) plants, which are situated mostly in eastern, central and southern China, with a total attributable operational generation capacity of about 52.6 gigawatts as of end-2022. Renewable energy accounts for about 32.3% of its capacity. China Resources Holdings, a key state-owned conglomerate, owns approximately 62.9% of CR Power's shares outstanding.

China Resources Power Holdings Co (China Resources Power Holdings Co) Headlines