P/E ratio for CK Asset Holdings (1113.HK)
P/E ratio at the end of 2022: 8.04
According to CK Asset Holdings '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 8.04.
P/E ratio history for CK Asset Holdings from 2015 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.04 | -6.53% |
| 2021 | 8.60 | -4.29% |
| 2020 | 8.98 | 27% |
| 2019 | 7.07 | 38.26% |
| 2018 | 5.12 | -39.56% |
| 2017 | 8.46 | -10.11% |
| 2016 | 9.42 | -18.21% |
| 2015 | 11.5 |
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.