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CGN Power Co (HKSE:01816) Forward PE Ratio : 11.74 (As of May. 15, 2024)


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What is CGN Power Co Forward PE Ratio?

CGN Power Co's Forward PE Ratio for today is 11.74.

CGN Power Co's PE Ratio without NRI for today is 10.32.

CGN Power Co's PE Ratio for today is 13.90.


CGN Power Co Forward PE Ratio Historical Data

The historical data trend for CGN Power 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.

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CGN Power Co Forward PE Ratio Chart

CGN Power Co Annual Data
Trend 2018-12 2019-12 2020-12 2021-12 2022-12 2023-12 2024-05
Forward PE Ratio
8.68 9.46 7.14 9.35 7.98 8.10 11.38

CGN Power Co Quarterly Data
2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12 2023-03 2023-06 2023-09 2023-12 2024-03
Forward PE Ratio 10.15 10.44 9.03 8.68 10.12 10.25 8.33 9.46 8.12 7.77 6.95 7.14 7.58 7.46 8.86 9.35 7.63 7.55 7.26 7.98 7.89 8.05 9.01 8.10 9.23

Competitive Comparison of CGN Power Co's Forward PE Ratio

For the Utilities - Independent Power Producers subindustry, CGN Power 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.


CGN Power Co's Forward PE Ratio Distribution in the Utilities - Independent Power Producers Industry

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

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



CGN Power 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.


CGN Power Co  (HKSE:01816) 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 .


CGN Power Co Forward PE Ratio Related Terms

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CGN Power Co (HKSE:01816) Business Description

Traded in Other Exchanges
Address
No. 2002 Shennan Road, 18th Floor, South Tower, CGN Building, Futian District, Guangdong Province, Shenzhen, CHN, 518026
CGN Power is a major nuclear power producer in China. It operates 26 nuclear power generating units (total installed capacity of 29.4 gigawatts), with 14 units in Guangdong and the rest in Guangxi, Fujian, and Liaoning provinces as of end-2022. CGN is adding capacity of 8.4 gigawatts into its operations over the next five years. State-owned China General Nuclear Power, controls about 58.9% of CGN Power.

CGN Power Co (HKSE:01816) Headlines

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