New Hope Liuhe
000876.SZ
#2338
Rank
C$9.04 B
Marketcap
$1.99
Share price
-1.34%
Change (1 day)
3.67%
Change (1 year)

P/E ratio for New Hope Liuhe (000876.SZ)

P/E ratio as of November 2024 (TTM): -99.2

According to New Hope Liuhe's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -99.2065. At the end of 2022 the company had a P/E ratio of -35.9.

P/E ratio history for New Hope Liuhe from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-35.9413.61%
2021-6.98-136.47%
202019.117.08%
201916.4-11.61%
201818.534.09%
201713.81.12%
201613.6-3.17%
201514.19.71%
201412.8-2.3%
201313.12.1%
201212.916.85%
201111.0-9.49%
201012.2-54.05%
200926.525.2%
200821.2-50.85%
200743.1161.73%
200616.531.19%
200512.5-6.14%
200413.4-40.26%
200322.46.98%
200220.9

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.