According to Lai Sun Development Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.287508. At the end of 2022 the company had a P/E ratio of -2.06.
Year | P/E ratio | Change |
---|---|---|
2022 | -2.06 | 1.65% |
2021 | -2.03 | 9.36% |
2020 | -1.86 | -214.21% |
2019 | 1.63 | -25.97% |
2018 | 2.20 | -54.19% |
2017 | 4.79 | 30.45% |
2016 | 3.68 | 90.93% |
2015 | 1.92 | -36.54% |
2014 | 3.03 | 47.07% |
2013 | 2.06 | 57.91% |
2012 | 1.31 | -4.7% |
2011 | 1.37 | 12.67% |
2010 | 1.22 | -112.33% |
2009 | -9.86 | -666.74% |
2008 | 1.74 | -44.91% |
2007 | 3.16 | -62.89% |
2006 | 8.51 |
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.