P/E ratio for Fosun (0656.HK)
P/E ratio at the end of 2022: 731
According to Fosun's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 63.2216. At the end of 2022 the company had a P/E ratio of 731.
P/E ratio history for Fosun from 2007 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 731 | 1595.04% |
| 2021 | 43.1 | -47.59% |
| 2020 | 82.3 | 77.52% |
| 2019 | 46.4 | -1.83% |
| 2018 | 47.2 | -35.88% |
| 2017 | 73.6 | 14.97% |
| 2016 | 64.1 | -13.27% |
| 2015 | 73.9 | 19.28% |
| 2014 | 61.9 | 14.72% |
| 2013 | 54.0 | -0.77% |
| 2012 | 54.4 | 12.98% |
| 2011 | 48.1 | -16.13% |
| 2010 | 57.4 | 13.32% |
| 2009 | 50.7 | -37.29% |
| 2008 | 80.8 | -18.32% |
| 2007 | 98.9 |
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.