Longfor Group
0960.HK
#1742
Rank
โ‚ฌ9.20 B
Marketcap
1,32ย โ‚ฌ
Share price
-3.93%
Change (1 day)
-28.01%
Change (1 year)

P/E ratio for Longfor Group (0960.HK)

P/E ratio at the end of 2022: 5.28

According to Longfor Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.33673. At the end of 2022 the company had a P/E ratio of 5.28.

P/E ratio history for Longfor Group from 2009 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20225.28-28.96%
20217.44-31.14%
202010.83.93%
201910.445.8%
20187.13-5.6%
20177.5534.88%
20165.60-11.62%
20156.3321.67%
20145.21-8.7%
20135.70-44.6%
201210.378.35%
20115.77-49.46%
201011.4-18.96%
200914.1

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.