China Eastern Airlines Corporation Limited, together with its subsidiaries, operates in the civil aviation industry in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. The company offers passenger, cargo, mail delivery, ground, tour operations, air catering, and other miscellaneous services. It is also involved in flight training; airline maintenance; the provision of import and export, investment, leasing, and consultation services; the research and development of technology and products in the field of aviation; and e-commerce platform and ticket agent services. As of December 31, 2021, the company operated a fleet of 758 aircraft, including 752 passenger aircraft and 6 business aircraft. China Eastern Airlines Corporation Limited was founded in 1988 and is headquartered in Shanghai, the People's Republic of China.
P/B ratio for China Eastern Airlines Corporation Limited (600115.SS)
P/B ratio as of 2023: 2.13
According to China Eastern Airlines Corporation Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.13. At the end of 2022 the company had a P/B ratio of 3.59.
P/B ratio history for China Eastern Airlines Corporation Limited from 1994 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 2.13 |
| 2022 | 3.59 |
| 2021 | 1.62 |
| 2020 | 1.36 |
| 2019 | 1.27 |
| 2018 | 1.16 |
| 2017 | 2.10 |
| 2016 | 1.96 |
| 2015 | 2.57 |
| 2014 | 2.19 |
| 2013 | 1.21 |
| 2012 | 1.74 |
| 2011 | 2.15 |
| 2010 | 4.83 |
| 2009 | 32.11 |
| 2008 | -1.53 |
| 2007 | 35.86 |
| 2006 | 7.06 |
| 2005 | 1.40 |
| 2004 | 2.95 |
| 2003 | 3.10 |
| 2002 | 3.18 |
| 2001 | 3.02 |
| 2000 | 3.86 |
| 1999 | 2.89 |
| 1998 | 2.44 |
| 1997 | 2.85 |
| 1996 | 0.00 |
| 1995 | 0.00 |
| 1994 | 0.00 |