P/E ratio for Hang Seng Bank (0011.HK)
P/E ratio at the end of 2022: 26.2
According to Hang Seng Bank 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 26.2.
P/E ratio history for Hang Seng Bank from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 26.2 | 25.76% |
| 2021 | 20.9 | 29.51% |
| 2020 | 16.1 | 26.06% |
| 2019 | 12.8 | -7.86% |
| 2018 | 13.9 | -26.4% |
| 2017 | 18.8 | 8.34% |
| 2016 | 17.4 | 66.93% |
| 2015 | 10.4 | -36.14% |
| 2014 | 16.3 | 81.28% |
| 2013 | 9.00 | -23.89% |
| 2012 | 11.8 | 13.26% |
| 2011 | 10.4 | -37.19% |
| 2010 | 16.6 | -0.05% |
| 2009 | 16.6 | 19.06% |
| 2008 | 14.0 | -16.49% |
| 2007 | 16.7 | -0.91% |
| 2006 | 16.9 | -1.23% |
| 2005 | 17.1 | -6.05% |
| 2004 | 18.2 | -10.61% |
| 2003 | 20.3 | 27.57% |
| 2002 | 15.9 |
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.