Judging from the market value, the market value of a telecom operator in a monopoly position in China is only 1.093438+0 billion yuan, which is really too low.
The calculation formula of price-earnings ratio is: price-earnings ratio = market value/profit.
Therefore, the higher the P/E ratio, the more overvalued the stock price.
The lower the P/E ratio, the more undervalued the stock price is.
Is the price-earnings ratio of 15.49 high or low? In fact, there is a very intuitive indicator to judge whether the stock price is undervalued: price-earnings ratio.
China Unicom's current price-earnings ratio (TTM) is 15.49.
We can compare enterprises in the same industry.
China Mobile, price-earnings ratio (TTM): 1 1.05.
China Telecom, price-earnings ratio (TTM): 12.77.
It can be seen that among the three major operators, the share price of China Unicom is not undervalued, or even overvalued.