Caixin OnlineFinance & EconomicsTop Stories Finance P/E Ratio for IPOs Drops to Three-Year Low
08.02.2012 16:14

P/E Ratio for IPOs Drops to Three-Year Low

At 26.06, the price-earnings figure for new Chinese stocks is lowest since 2009
By staff reporter Zhang Huanping

(Beijing) – Twenty initial public offerings were launched on Chinese stock markets in July, but their average price-earnings ratio was 26.02, the lowest level since June 2009 when IPO activities resumed after a suspension.

The lowest P/E ratio this year was 12.94 by Jiangmen Kanhoo Industry Co., which launched on the growth enterprises market of the Shenzhen Stock Exchange on July 26.

We hope you have enjoyed your free articles for the month
REGISTER to get 5 more free articles, or SUBSCRIBE to get full access to Caixin
Already a subscriber? Log in now
COMMENTS (0)
Sign up to receive our free daily newsletter

LATEST VIDEOS

Latest Issue
On the Cover:

Fumes and Fantasies

Northwest China factories with wastewater 'evaporation ponds' pledged zero emissions and then failed miserably


Issue 84
December, 2014

POPULAR GALLERIES

SUBSCRIPTIONS

Caixin-China
Economics & Finance
Latest Issue:
Fumes and Fantasies
Northwest China factories with wastewater 'evaporation ponds' pledged zero emissions and then failed miserably
Issue 84
12.01.2014

Subscribe       |       Newsletter        |        FAQ