P/E ratio for Harbour Centre Development (0051.HK)
P/E ratio at the end of 2021: -232
According to Harbour Centre Development's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -198.645. At the end of 2021 the company had a P/E ratio of -232.
P/E ratio history for Harbour Centre Development from 2005 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -232 | 5042.56% |
| 2020 | -4.51 | -106.53% |
| 2019 | 69.0 | 468.62% |
| 2018 | 12.1 | 51.83% |
| 2017 | 8.00 | -45.07% |
| 2016 | 14.6 | 90.93% |
| 2015 | 7.63 | -16.62% |
| 2014 | 9.15 | 19.37% |
| 2013 | 7.66 | 160.13% |
| 2012 | 2.95 | -48.95% |
| 2011 | 5.77 | -19.24% |
| 2010 | 7.14 | -6.94% |
| 2009 | 7.68 | |
| 2007 | 8.92 | |
| 2005 | 7.17 |
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.