P/E ratio for Hang Lung Group (0010.HK)
P/E ratio at the end of 2021: 8.66
According to Hang Lung Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2021 the company had a P/E ratio of 8.66.
P/E ratio history for Hang Lung Group from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 8.66 | -150.88% |
| 2020 | -17.0 | -544.75% |
| 2019 | 3.83 | -23.9% |
| 2018 | 5.03 | -31.75% |
| 2017 | 7.37 | -25.46% |
| 2016 | 9.89 | -5.87% |
| 2015 | 10.5 | 50.22% |
| 2014 | 6.99 | -38.68% |
| 2013 | 11.4 | -0.93% |
| 2012 | 11.5 | -35.6% |
| 2011 | 17.9 | 314.49% |
| 2010 | 4.31 | -77.47% |
| 2009 | 19.1 | 226.65% |
| 2008 | 5.86 | -40.4% |
| 2007 | 9.83 | 30.37% |
| 2006 | 7.54 | 91.82% |
| 2005 | 3.93 | -28.55% |
| 2004 | 5.50 | |
| 2001 | 13.5 |
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.