P/E ratio for Asia Financial Holdings (0662.HK)
P/E ratio at the end of 2022: 16.6
According to Asia Financial Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.1111. At the end of 2022 the company had a P/E ratio of 16.6.
P/E ratio history for Asia Financial Holdings from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.6 | 230.19% |
| 2021 | 5.03 | -52.06% |
| 2020 | 10.5 | 11.24% |
| 2019 | 9.43 | -43.22% |
| 2018 | 16.6 | 70.59% |
| 2017 | 9.74 | -2.78% |
| 2016 | 10.0 | -38.3% |
| 2015 | 16.2 | 75.03% |
| 2014 | 9.27 | -24.77% |
| 2013 | 12.3 | 44.99% |
| 2012 | 8.50 | -143.82% |
| 2011 | -19.4 | -243.11% |
| 2010 | 13.6 | 64.24% |
| 2009 | 8.25 | |
| 2007 | 8.65 | 708.93% |
| 2006 | 1.07 | -93.63% |
| 2005 | 16.8 | 102.11% |
| 2004 | 8.31 | -4.1% |
| 2003 | 8.66 | -69.78% |
| 2002 | 28.7 |
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.