China Overseas Land & Investment
0688.HK
#1075
Rank
HK$135.06 B
Marketcap
HK$12.34
Share price
-0.96%
Change (1 day)
-8.66%
Change (1 year)

P/E ratio for China Overseas Land & Investment (0688.HK)

P/E ratio at the end of 2021: 4.13

According to China Overseas Land & Investment 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.75666. At the end of 2021 the company had a P/E ratio of 4.13.

P/E ratio history for China Overseas Land & Investment from 2019 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20214.1319.87%
20203.44-51.68%
20197.12

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.