P/E ratio for Fosun (0656.HK)
P/E ratio at the end of 2021: 5.52
According to Fosun's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 71.268. At the end of 2021 the company had a P/E ratio of 5.52.
P/E ratio history for Fosun from 2007 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 5.52 | -47.59% |
| 2020 | 10.5 | 77.52% |
| 2019 | 5.94 | -1.83% |
| 2018 | 6.05 | -35.88% |
| 2017 | 9.43 | 14.95% |
| 2016 | 8.20 | -13.26% |
| 2015 | 9.46 | 19.28% |
| 2014 | 7.93 | 14.72% |
| 2013 | 6.91 | -0.77% |
| 2012 | 6.97 | 12.98% |
| 2011 | 6.17 | -16.13% |
| 2010 | 7.35 | 13.32% |
| 2009 | 6.49 | -37.29% |
| 2008 | 10.3 | -18.32% |
| 2007 | 12.7 |
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.