Cathay Real Estate Development
2501.TW
#5234
Rank
$0.61 B
Marketcap
$0.53
Share price
0.00%
Change (1 day)
-22.06%
Change (1 year)

P/E ratio for Cathay Real Estate Development (2501.TW)

P/E ratio as of January 2023 (TTM): 102

According to Cathay Real Estate Development's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 102.01. At the end of 2021 the company had a P/E ratio of 26.4.

P/E ratio history for Cathay Real Estate Development from 2012 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202126.470.04%
202015.5-12.65%
201917.8181.71%
20186.30-52.11%
201713.248.95%
20168.8329.93%
20156.803.85%
20146.55-49.11%
201312.932.51%
20129.71150.64%
20113.87-81.7%
201021.2-21.8%
200927.117.36%
200823.119.43%
200719.3-15.1%
200622.8

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.