Hainan Airlines
900945.SS
#1414
Rank
$11.16 B
Marketcap
$0.26
Share price
-1.52%
Change (1 day)
17.73%
Change (1 year)

P/E ratio for Hainan Airlines (900945.SS)

P/E ratio as of February 2023 (TTM): -2.05

According to Hainan Airlines 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.04638. At the end of 2021 the company had a P/E ratio of 6.03.

P/E ratio history for Hainan Airlines from 2004 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20216.03-1975.17%
2020-0.3215-100.13%
2019238-2410.89%
2018-10.3-153.15%
201719.4-3.61%
201620.18.26%
201518.616.97%
201415.910.07%
201314.447.83%
20129.7751.24%
20116.46-36.23%
201010.1-79.83%
200950.2
200758.1
2005-7.04-125.55%
200427.6

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.