P/E ratio for Hainan Airlines (900945.SS)
P/E ratio as of April 2024 (TTM): -2.63
According to Hainan Airlines 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.63016. At the end of 2022 the company had a P/E ratio of -3.30.
P/E ratio history for Hainan Airlines from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -3.30 | -156.14% |
| 2021 | 5.88 | -1869% |
| 2020 | -0.3323 | -100.57% |
| 2019 | 58.7 | -653.49% |
| 2018 | -10.6 | -182.67% |
| 2017 | 12.8 | -32.25% |
| 2016 | 18.9 | 5.8% |
| 2015 | 17.9 | 12.43% |
| 2014 | 15.9 | 10.81% |
| 2013 | 14.4 | 121.83% |
| 2012 | 6.48 | -1.56% |
| 2011 | 6.58 | -36.46% |
| 2010 | 10.4 | -78.86% |
| 2009 | 49.0 | -1203.49% |
| 2008 | -4.44 | -107.05% |
| 2007 | 63.0 | |
| 2005 | -7.04 | -148.13% |
| 2004 | 14.6 | -603.5% |
| 2003 | -2.90 | -108.12% |
| 2002 | 35.8 |
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.