Ezdan Holding Group
ERES.QA
#1896
Rank
HK$67.87 B
Marketcap
HK$2.56
Share price
-1.80%
Change (1 day)
36.53%
Change (1 year)

P/E ratio for Ezdan Holding Group (ERES.QA)

P/E ratio as of November 2024 (TTM): < -1000

According to Ezdan Holding Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1199.42. At the end of 2022 the company had a P/E ratio of 334.

P/E ratio history for Ezdan Holding Group from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022334-49.42%
2021660382.79%
2020137166.48%
201951.3-32.85%
201876.3308.32%
201718.7-15.83%
201622.2-10.57%
201524.8-15.59%
201429.4-28.99%
201341.4-77.23%
2012182

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.