P/E ratio for Henderson Land Development (0012.HK)
P/E ratio at the end of 2021: 12.2
According to Henderson Land Development 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.25486. At the end of 2021 the company had a P/E ratio of 12.2.
P/E ratio history for Henderson Land Development from 2003 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 12.2 | -14.83% |
| 2020 | 14.3 | 31.21% |
| 2019 | 10.9 | 100.87% |
| 2018 | 5.42 | -19.99% |
| 2017 | 6.77 | -0.33% |
| 2016 | 6.79 | -7.11% |
| 2015 | 7.31 | -23.58% |
| 2014 | 9.57 | 30.32% |
| 2013 | 7.34 | 11.3% |
| 2012 | 6.60 | 27.88% |
| 2011 | 5.16 | -27.95% |
| 2010 | 7.16 | -15.97% |
| 2009 | 8.52 | 35.5% |
| 2008 | 6.29 | -38.75% |
| 2007 | 10.3 | 96.08% |
| 2006 | 5.24 | -15.85% |
| 2005 | 6.22 | -67.31% |
| 2004 | 19.0 | 1.31% |
| 2003 | 18.8 |
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.