P/E ratio for Chinese Estates Holdings (0127.HK)
P/E ratio at the end of 2022: 4.17
According to Chinese Estates Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.9353. At the end of 2022 the company had a P/E ratio of 4.17.
P/E ratio history for Chinese Estates Holdings from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.17 | -368.92% |
| 2021 | -1.55 | -113.68% |
| 2020 | 11.3 | -23.91% |
| 2019 | 14.9 | -6.2% |
| 2018 | 15.9 | 144.73% |
| 2017 | 6.49 | 61.52% |
| 2016 | 4.02 | -36.97% |
| 2015 | 6.37 | 24.31% |
| 2014 | 5.13 | -29.08% |
| 2013 | 7.23 | 187.54% |
| 2012 | 2.51 | -62.93% |
| 2011 | 6.78 | -342.91% |
| 2010 | -2.79 | -208.02% |
| 2009 | 2.58 | -119.76% |
| 2008 | -13.1 | -424.13% |
| 2007 | 4.03 | 45.85% |
| 2006 | 2.77 | 9.92% |
| 2005 | 2.52 | -62.03% |
| 2004 | 6.63 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.