Hainan Airlines
900945.SS
#1875
Rank
$8.51 B
Marketcap
$0.18
Share price
0.00%
Change (1 day)
-23.33%
Change (1 year)

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

P/E ratio as of May 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%
20215.88-1869%
2020-0.3323-100.57%
201958.7-653.49%
2018-10.6-182.67%
201712.8-32.25%
201618.95.8%
201517.912.43%
201415.910.81%
201314.4121.83%
20126.48-1.56%
20116.58-36.46%
201010.4-78.86%
200949.0-1203.49%
2008-4.44-107.05%
200763.0
2005-7.04-148.13%
200414.6-603.5%
2003-2.90-108.12%
200235.8

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.