P/E ratio for Dongfeng Motor (0489.HK)
P/E ratio at the end of 2022: 3.34
According to Dongfeng Motor 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.38781. At the end of 2022 the company had a P/E ratio of 3.34.
P/E ratio history for Dongfeng Motor from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 3.34 | -16.17% |
| 2021 | 3.98 | -31.77% |
| 2020 | 5.83 | 31.6% |
| 2019 | 4.43 | 6.74% |
| 2018 | 4.15 | -14.41% |
| 2017 | 4.85 | 11.12% |
| 2016 | 4.37 | -32.25% |
| 2015 | 6.44 | 9.63% |
| 2014 | 5.88 | -24.26% |
| 2013 | 7.76 | -17.26% |
| 2012 | 9.38 | 5.95% |
| 2011 | 8.85 | -1.6% |
| 2010 | 9.00 | -32.97% |
| 2009 | 13.4 | 196.57% |
| 2008 | 4.53 | -62.11% |
| 2007 | 11.9 | -23.81% |
| 2006 | 15.7 | 99.27% |
| 2005 | 7.87 |
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.