According to Hong Kong Telecom 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 14.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 14.8 | -10.58% |
2021 | 16.5 | 14.18% |
2020 | 14.5 | -9.76% |
2019 | 16.0 | -10.12% |
2018 | 17.9 | 12.39% |
2017 | 15.9 | 7.96% |
2016 | 14.7 | -22.07% |
2015 | 18.9 | -21.09% |
2014 | 23.9 | 20.06% |
2013 | 19.9 | -33.75% |
2012 | 30.1 | 77.12% |
2011 | 17.0 | 719.52% |
2010 | 2.07 |
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.