P/E ratio for Galaxy Entertainment (0027.HK)
P/E ratio at the end of 2022: -65.6
According to Galaxy Entertainment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of -65.6.
P/E ratio history for Galaxy Entertainment from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -65.6 | -150.12% |
| 2021 | 131 | -300.72% |
| 2020 | -65.2 | -440.11% |
| 2019 | 19.2 | 26.59% |
| 2018 | 15.1 | -40.83% |
| 2017 | 25.6 | 11.48% |
| 2016 | 22.9 | -8.4% |
| 2015 | 25.1 | 39.34% |
| 2014 | 18.0 | -37.76% |
| 2013 | 28.9 | 62.61% |
| 2012 | 17.8 | -9.18% |
| 2011 | 19.6 | -49.26% |
| 2010 | 38.6 | 257.38% |
| 2009 | 10.8 | -3044.22% |
| 2008 | -0.3664 | -99.33% |
| 2007 | -54.6 | 248.53% |
| 2006 | -15.7 | -496.14% |
| 2005 | 3.95 | -97% |
| 2004 | 132 |
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.