P/E ratio for Hainan Airlines (900945.SS)
P/E ratio as of May 2023 (TTM): -1.73
According to Hainan Airlines 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.73034. 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 |
|---|---|---|
| 2021 | 6.03 | -1975.17% |
| 2020 | -0.3215 | -100.13% |
| 2019 | 238 | -2410.89% |
| 2018 | -10.3 | -153.15% |
| 2017 | 19.4 | -3.61% |
| 2016 | 20.1 | 8.26% |
| 2015 | 18.6 | 16.97% |
| 2014 | 15.9 | 10.07% |
| 2013 | 14.4 | 47.83% |
| 2012 | 9.77 | 51.24% |
| 2011 | 6.46 | -36.23% |
| 2010 | 10.1 | -79.83% |
| 2009 | 50.2 | |
| 2007 | 58.1 | |
| 2005 | -7.04 | -125.55% |
| 2004 | 27.6 |
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.