P/E ratio for Shimao Property (0813.HK)
P/E ratio at the end of 2020: 5.59
According to Shimao Property 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.228486. At the end of 2020 the company had a P/E ratio of 5.59.
P/E ratio history for Shimao Property from 2006 to 2020
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 5.59 | -30.79% |
| 2019 | 8.08 | 24.9% |
| 2018 | 6.47 | 6.13% |
| 2017 | 6.09 | 1.79% |
| 2016 | 5.99 | -7.63% |
| 2015 | 6.48 | 9.45% |
| 2014 | 5.92 | -7.17% |
| 2013 | 6.38 | -11.41% |
| 2012 | 7.20 | 118.9% |
| 2011 | 3.29 | -56.38% |
| 2010 | 7.54 | -37.8% |
| 2009 | 12.1 | -34.71% |
| 2008 | 18.6 | 29.65% |
| 2007 | 14.3 | -15.96% |
| 2006 | 17.0 |
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.