Great Eastern
G07.SI
#1840
Rank
HK$70.70 B
Marketcap
HK$149.38
Share price
0.00%
Change (1 day)
45.38%
Change (1 year)

P/E ratio for Great Eastern (G07.SI)

P/E ratio on November 8, 2024 (TTM): 12.3

According to Great Eastern's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.3026. At the end of 2018 the company had a P/E ratio of 16.0.

P/E ratio history for Great Eastern from 2009 to 2019

PE ratio at the end of each year

Year P/E ratio Change
201816.026.28%
201712.6-22.24%
201616.233.26%
201512.2-5.47%
201412.93.5%
201312.599.73%
20126.24-59.89%
201115.66.56%
201014.672.96%
20098.44

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.