P/E ratio for Henderson Land Development (0012.HK)
P/E ratio at the end of 2021: 12.1
According to Henderson Land Development 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.45449. At the end of 2021 the company had a P/E ratio of 12.1.
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 | 12.1 | -14.83% |
| 2020 | 14.2 | 31.21% |
| 2019 | 10.9 | 100.98% |
| 2018 | 5.40 | -19.09% |
| 2017 | 6.68 | -1.52% |
| 2016 | 6.78 | -7.12% |
| 2015 | 7.30 | -23.53% |
| 2014 | 9.55 | 30.37% |
| 2013 | 7.32 | 11.25% |
| 2012 | 6.58 | 27.88% |
| 2011 | 5.15 | -27.95% |
| 2010 | 7.14 | -15.97% |
| 2009 | 8.50 | 35.5% |
| 2008 | 6.27 | -38.75% |
| 2007 | 10.2 | 96.08% |
| 2006 | 5.22 | -15.85% |
| 2005 | 6.21 | -33.86% |
| 2004 | 9.39 | -49.93% |
| 2003 | 18.7 |
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.