Eagle Nice
2368.HK
#7509
Rank
HK$2.22 B
Marketcap
HK$3.88
Share price
1.04%
Change (1 day)
-15.61%
Change (1 year)
Categories

P/E ratio for Eagle Nice (2368.HK)

P/E ratio at the end of 2023: 8.02

According to Eagle Nice's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.14085. At the end of 2023 the company had a P/E ratio of 8.02.

P/E ratio history for Eagle Nice from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20238.02-7.03%
20228.626%
20218.1356.39%
20205.20-52.44%
201910.932.87%
20188.2317.1%
20177.03-21%
20168.906.42%
20158.36-68.49%
201426.5128.2%
201311.662.17%
20127.17-14.01%
20118.34-28.03%
201011.6275.71%
20093.08-54.48%
20086.77-41.87%
200711.7-20.25%
200614.64.28%
200514.03.36%
200413.6

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.