Wharf REIC
1997.HK
#1909
Rank
A$15.51 B
Marketcap
A$5.11
Share price
-1.60%
Change (1 day)
36.93%
Change (1 year)

P/E ratio for Wharf REIC (1997.HK)

P/E ratio at the end of 2024: 64.0

According to Wharf REIC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 96.9415. At the end of 2024 the company had a P/E ratio of 64.0.

P/E ratio history for Wharf REIC from 2017 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202464.0326.35%
202315.0-211.6%
2022-13.4-158.38%
202123.0-285.76%
2020-12.4-144.28%
201928.0394.05%
20185.67-12.3%
20176.46

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.