P/E ratio for Guoco (0053.HK)
P/E ratio at the end of 2022: 13.3
According to Guoco'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 13.3.
P/E ratio history for Guoco from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.3 | 14.86% |
| 2021 | 11.6 | -128.32% |
| 2020 | -40.8 | -448.23% |
| 2019 | 11.7 | 49.25% |
| 2018 | 7.85 | 65.49% |
| 2017 | 4.74 | -44.07% |
| 2016 | 8.48 | 31.5% |
| 2015 | 6.45 | 20.22% |
| 2014 | 5.36 | 19.31% |
| 2013 | 4.50 | -130.02% |
| 2012 | -15.0 | -305.56% |
| 2011 | 7.28 | -17.72% |
| 2010 | 8.85 | -80.6% |
| 2009 | 45.6 | 164.21% |
| 2008 | 17.3 | 107.14% |
| 2007 | 8.34 | 62.51% |
| 2006 | 5.13 | -37.11% |
| 2005 | 8.16 | -6.62% |
| 2004 | 8.74 |
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.