Chow Tai Fook
1929.HK
#1779
Rank
HK$71.51 B
Marketcap
HK$7.16
Share price
0.56%
Change (1 day)
-39.23%
Change (1 year)

P/E ratio for Chow Tai Fook (1929.HK)

P/E ratio at the end of 2022: 21.8

According to Chow Tai Fook'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 21.8.

P/E ratio history for Chow Tai Fook from 2012 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202221.811.76%
202119.54.75%
202018.64.7%
201917.8-18.79%
201821.9-9.86%
201724.246.09%
201616.611.89%
201514.8-11.89%
201416.8-13.46%
201319.58.35%
201218.0

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.