Alibaba Health Information Technology
0241.HK

P/E ratio for Alibaba Health Information Technology (0241.HK)

P/E ratio at the end of 2022: 354

According to Alibaba Health Information Technology's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 342.518. At the end of 2022 the company had a P/E ratio of 354.

P/E ratio history for Alibaba Health Information Technology from 2004 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022354-148.8%
2021-726-196.89%
2020749-94.06%
2019> 1000-1755.69%
2018-762437.96%
2017-142-13.86%
2016-164-16.82%
2015-198-99.9%
2014< -1000515084.24%
2013-36.6-122.42%
2012163-426.1%
2011-50.0-30.96%
2010-72.52077.07%
2009-3.33-86.56%
2008-24.8-49.62%
2007-49.2-112%
2006410-106.19%
2005< -1000330.27%
2004< -1000

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.