Forever Entertainment
8FE.SG
#6777
Rank
$33.84 M
Marketcap
$1.11
Share price
0.76%
Change (1 day)
-25.50%
Change (1 year)

P/E ratio for Forever Entertainment (8FE.SG)

P/E ratio as of November 2022 (TTM): 18.4

According to Forever Entertainment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.3521. At the end of 2021 the company had a P/E ratio of 82.8.

P/E ratio history for Forever Entertainment from 2018 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202182.8618.4%
202011.5-23.85%
201915.122.15%
201812.4

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.