P/E ratio for Chow Tai Fook (1929.HK)
P/E ratio at the end of 2022: 21.8
According to Chow Tai Fook's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 21.8.
P/E ratio history for Chow Tai Fook from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 21.8 | 11.76% |
| 2021 | 19.5 | 4.75% |
| 2020 | 18.6 | 4.7% |
| 2019 | 17.8 | -18.79% |
| 2018 | 21.9 | -9.86% |
| 2017 | 24.2 | 46.09% |
| 2016 | 16.6 | 11.89% |
| 2015 | 14.8 | -11.89% |
| 2014 | 16.8 | -13.46% |
| 2013 | 19.5 | 8.35% |
| 2012 | 18.0 |
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.