Start with its own history
Compare positive annual observations to understand how this company has been priced over time. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
OTC · CHEAFAirlines, Airports & Air ServicesUpdated Nov 5, 2026
China Eastern Airlines Corporation Limited P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
N/M
No meaningful positive P/E available.
Share price0.2921
÷Earnings per share-0.0028
Price and EPS in quote currency. Calculation details
Zero or negative earnings do not produce a meaningful conventional P/E.
P/E over time
2016 – 2025
Annual P/ESelected-period average 23.17×
3-year averageN/M0 positive annual observations
5-year averageN/M0 positive annual observations
10-year average23.17×4 positive annual observations
Peer median · TTM44.57×4 peers with positive P/E
Historical P/E ratios
Annual period-end data · 17 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | N/M | N/M |
| Dec 31, 2024 | N/M | N/M |
| Dec 31, 2023 | N/M | N/M |
| Dec 31, 2022 | N/M | N/M |
| Dec 31, 2021 | N/M | N/M |
| Dec 31, 2020 | N/M | N/M |
| Dec 31, 2019 | 27.67× | +11.1% |
| Dec 31, 2018 | 24.89× | +33.4% |
View all 17 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 18.66× | -13.0% |
| Dec 31, 2016 | 21.45× | +1.5% |
| Dec 31, 2015 | 21.14× | +10.2% |
| Dec 31, 2014 | 19.19× | +39.0% |
| Dec 31, 2013 | 13.80× | +9.8% |
| Dec 31, 2012 | 12.57× | +42.3% |
| Dec 31, 2011 | 8.84× | -35.5% |
| Dec 31, 2010 | 13.71× | -75.5% |
| Dec 31, 2009 | 56.00× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How CHEAF compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 CHEAF This stockChina Eastern Airlines Corporation Limited | N/M |
 601111.SSAir China Limited | N/M |
 600029.SSChina Southern Airlines Company Limited | N/M |
 002928.SZChina Express Airlines Co.,LTD | 65.28× |
 600221.SSHainan Airlines Holding Co., Ltd. | N/M |
 601021.SSSpring Airlines Co., Ltd. | 23.86× |
 603885.SSJuneyao Airlines Co., Ltd | 84.88× |
 2618.TWEVA Airways Corp. | 9.51× |
 003490.KSKorean Air Lines Co., Ltd. | N/M |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does CHEAF’s P/E tell you?
Compare like with like
The median of the 4 positive peer ratios above is 44.57×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take CHEAF into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("CHEAF", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
A conventional P/E is not meaningful when earnings are zero or negative. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
CHEAF P/E ratio: common questions
The essentials behind the numbers.
China Eastern Airlines Corporation Limited does not currently have a meaningful positive P/E in the quote data. A zero or negative EPS makes the conventional P/E unsuitable for comparison.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.