China Construction Bank
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
0.730.70
Price/Sales ratio
N/AN/A
Earnings per Share (EPS)
$26.80$28.08

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
5.594.835.686.375.505.644.513.603.3064.3095.405.50
Price/Sales ratio
2.231.822.172.482.122.131.621.321.3034.3728.432.12
Price/Book Value ratio
1.020.760.830.860.700.670.510.420.377.109.560.70
Price/Cash Flow ratio
4.021.741.4919.512.272.592.102.491.0936.5218.012.27
Price/Free Cash Flow ratio
4.531.821.5427.162.352.692.202.621.1238.1617.642.35
Price/Earnings Growth ratio
0.96N/A5.171.461.320.842.830.310.44-0.670.320.84
Dividend Yield
6.48%7.77%6.09%5.40%6.29%5.38%7.03%7.91%8.94%0.60%0.90%5.38%
Profitability Indicator Ratios
Gross Profit Margin
100%100%100%100%100%100%100%100%100%226.24%115.54%100%
Operating Profit Margin
105.29%100.93%94.72%95.91%95.92%45.94%44.25%45.82%110.83%66.54%19.18%45.94%
Pretax Profit Margin
52.45%49.34%48.79%48.23%46.77%46.30%44.58%45.99%46.51%62.56%35.76%46.30%
Net Profit Margin
39.95%37.71%38.25%38.98%38.65%37.81%35.90%36.77%39.53%53.45%30.87%37.81%
Effective Tax Rate
23.68%23.32%21.28%18.73%17.04%17.56%18.72%19.68%15.40%14.61%13.52%17.56%
Return on Assets
1.36%1.24%1.10%1.09%1.09%1.04%0.96%0.99%0.93%0.86%0.81%1.04%
Return On Equity
18.34%15.90%14.68%13.61%12.88%12.03%11.46%11.68%11.36%11.05%10.51%12.03%
Return on Capital Employed
3.62%3.36%2.76%2.71%5.78%2.87%2.58%2.59%5.41%1.08%0.73%2.87%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.71N/A
Quick Ratio
4.4323.0226.1841.320.280.250.240.200.21N/A0.710.28
Cash ratio
3.023.644.5318.260.280.250.240.200.21N/A0.320.28
Days of Sales Outstanding
167.89N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Days of Inventory outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Operating Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Days of Payables Outstanding
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Cash Conversion Cycle
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Debt Ratios
Debt Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.00N/A
Debt Equity Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.01N/A
Long-term Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Total Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.01N/A
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.31N/A
Cash Flow to Debt Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A41.60N/A
Company Equity Multiplier
13.4712.7913.2912.4311.7411.4711.8911.6812.1112.7312.3211.74
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.551.041.450.120.930.820.760.531.190.941.630.93
Free Cash Flow / Operating Cash Flow Ratio
0.880.950.960.710.960.960.950.950.970.950.980.96
Cash Flow Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A41.60N/A
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A41.60N/A
Dividend Payout Ratio
36.30%37.63%34.64%34.42%34.61%30.37%31.78%28.54%29.51%38.68%38.23%34.61%