Longfor Group
0960.HK
#2122
Rank
ยฃ6.61 B
Marketcap
ยฃ0.96
Share price
0.60%
Change (1 day)
-10.83%
Change (1 year)

P/E ratio for Longfor Group (0960.HK)

P/E ratio at the end of 2024: 5.76

According to Longfor Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.85755. At the end of 2024 the company had a P/E ratio of 5.76.

P/E ratio history for Longfor Group from 2009 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20245.7611.45%
20235.1712.24%
20224.61-24.59%
20216.11-28.16%
20208.507.69%
20197.9053.86%
20185.13-3.31%
20175.3141.42%
20163.75-7.79%
20154.0725.2%
20143.25-6%
20133.46-43.8%
20126.1581.18%
20113.40-49.06%
20106.67-18.24%
20098.15

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.