Power Assets
0006.HK
#1277
Rank
โ‚ฌ13.43 B
Marketcap
6,31 โ‚ฌ
Share price
1.38%
Change (1 day)
20.11%
Change (1 year)

P/E ratio for Power Assets (0006.HK)

P/E ratio at the end of 2022: 16.2

According to Power Assets's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.4893. At the end of 2022 the company had a P/E ratio of 16.2.

P/E ratio history for Power Assets from 2008 to 2022

2010201320162019510152025companiesmarketcap.com

PE ratio at the end of each year

Year P/E ratio Change
202216.2-5.64%
202117.217.54%
202014.6-15.46%
201917.314.67%
201815.1-11.43%
201717.0-24.97%
201622.716.41%
201519.5647.65%
20142.60-77.87%
201311.8-19.62%
201214.68.33%
201113.5-7.88%
201014.79.23%
200913.418.06%
200811.4

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.