Evergrande
3333.HK
#3083
Rank
$2.77 B
Marketcap
$0.21
Share price
8.55%
Change (1 day)
-44.74%
Change (1 year)

P/E ratio for Evergrande (3333.HK)

P/E ratio at the end of 2020: 19.8

According to Evergrande's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.23436. At the end of 2020 the company had a P/E ratio of 19.8.

P/E ratio history for Evergrande from 2009 to 2020

PE ratio at the end of each year

Year P/E ratio Change
202019.833.03%
201914.8120.07%
20186.75-44.98%
201712.36.09%
201611.647.59%
20157.83169.16%
20142.910.64%
20132.89-49.95%
20125.7869.43%
20113.41-46.45%
20106.37-87.22%
200949.8

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.