Texwinca Holdings
0321.HK
#8565
Rank
C$0.19 B
Marketcap
$0.14
Share price
-1.28%
Change (1 day)
-11.18%
Change (1 year)
Categories

P/E ratio for Texwinca Holdings (0321.HK)

P/E ratio at the end of 2023: 25.6

According to Texwinca Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.401. At the end of 2023 the company had a P/E ratio of 25.6.

P/E ratio history for Texwinca Holdings from 2002 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202325.6137.24%
202210.817.45%
20219.20-10.04%
202010.2-19.65%
201912.7-32.73%
201818.923.49%
201715.354.72%
20169.90-17.58%
201512.0-25.99%
201416.29.18%
201314.98.35%
201213.741.15%
20119.72-15.82%
201011.580.82%
20096.39-19.08%
20087.89-29.74%
200711.2-32.14%
200616.6-13.05%
200519.05.34%
200418.143.38%
200312.616.44%
200210.8

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.