BOC Aviation
2588.HK
#2058
Rank
$5.36 B
Marketcap
$7.73
Share price
2.45%
Change (1 day)
-8.30%
Change (1 year)
BOC Aviation, formerly named Singapore Aircraft Leasing Enterprise, is a company Singaporean company engaged in Commercial Aircraft Sales and Leasing.

P/E ratio for BOC Aviation (2588.HK)

P/E ratio at the end of 2020: 11.7

According to BOC Aviation 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.589. At the end of 2020 the company had a P/E ratio of 11.7.

P/E ratio history for BOC Aviation from 2016 to 2020

PE ratio at the end of each year

Year P/E ratio Change
202011.717.4%
20199.9821.55%
20188.2131.16%
20176.26-17.69%
20167.60

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.