P/E ratio for Cathay Pacific (0293.HK)
P/E ratio at the end of 2021: -6.76
According to Cathay Pacific 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2021 the company had a P/E ratio of -6.76.
P/E ratio history for Cathay Pacific from 2002 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -6.76 | 296.25% |
| 2020 | -1.71 | -105.85% |
| 2019 | 29.2 | 36.13% |
| 2018 | 21.4 | -149.26% |
| 2017 | -43.5 | -45.79% |
| 2016 | -80.2 | -893.9% |
| 2015 | 10.1 | -58.04% |
| 2014 | 24.1 | -15.14% |
| 2013 | 28.4 | -62.78% |
| 2012 | 76.2 | 596.83% |
| 2011 | 10.9 | 57.16% |
| 2010 | 6.96 | -50.46% |
| 2009 | 14.0 | -417.07% |
| 2008 | -4.43 | -133.9% |
| 2007 | 13.1 | -31.27% |
| 2006 | 19.0 | 19.01% |
| 2005 | 16.0 | 24.01% |
| 2004 | 12.9 | -69.91% |
| 2003 | 42.8 | 320.59% |
| 2002 | 10.2 |
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.