P/E ratio for Great Eagle (0041.HK)
P/E ratio at the end of 2022: -535
According to Great Eagle's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -45.4484. At the end of 2022 the company had a P/E ratio of -535.
P/E ratio history for Great Eagle from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -535 | 113.39% |
| 2021 | -251 | 1693.06% |
| 2020 | -14.0 | -96.72% |
| 2019 | -427 | -1481.8% |
| 2018 | 30.9 | 23.83% |
| 2017 | 24.9 | -64.32% |
| 2016 | 69.9 | 77.84% |
| 2015 | 39.3 | -35.19% |
| 2014 | 60.6 | 8.89% |
| 2013 | 55.7 | 56.16% |
| 2012 | 35.7 | 101.86% |
| 2011 | 17.7 | -29.41% |
| 2010 | 25.0 | -69.32% |
| 2009 | 81.6 | -85.27% |
| 2008 | 554 | 1515.29% |
| 2007 | 34.3 | -86.61% |
| 2006 | 256 | 2476.88% |
| 2005 | 9.94 | -66.73% |
| 2004 | 29.9 | -76.12% |
| 2003 | 125 | 210.61% |
| 2002 | 40.3 |
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.