P/E ratio for BOE Varitronix (0710.HK)
P/E ratio at the end of 2021: 20.6
According to BOE Varitronix's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.0653. At the end of 2021 the company had a P/E ratio of 20.6.
P/E ratio history for BOE Varitronix from 2002 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 20.6 | -31.69% |
| 2020 | 30.1 | -58.47% |
| 2019 | 72.6 | -20.93% |
| 2018 | 91.8 | -46.44% |
| 2017 | 171 | 348.42% |
| 2016 | 38.2 | 551.79% |
| 2015 | 5.86 | -14.6% |
| 2014 | 6.86 | -36.79% |
| 2013 | 10.9 | 80.63% |
| 2012 | 6.01 | -4.39% |
| 2011 | 6.29 | 9.23% |
| 2010 | 5.76 | -278.02% |
| 2009 | -3.23 | -107.62% |
| 2008 | 42.4 | 510.13% |
| 2007 | 6.95 | -3.28% |
| 2006 | 7.19 | -172.58% |
| 2005 | -9.90 | -184.17% |
| 2004 | 11.8 | -23.87% |
| 2003 | 15.5 | 38.33% |
| 2002 | 11.2 |
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.