International Container Terminal Services
ICTEF
#1315
Rank
HK$107.10 B
Marketcap
HK$52.83
Share price
0.00%
Change (1 day)
60.46%
Change (1 year)

P/E ratio for International Container Terminal Services (ICTEF)

P/E ratio as of December 2024 (TTM): 22.9

According to International Container Terminal Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.8896. At the end of 2022 the company had a P/E ratio of 13.0.

P/E ratio history for International Container Terminal Services from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202213.0-37.6%
202120.8-80.59%
2020107-4.89%
2019113384.09%
201823.2-18.31%
201728.413.79%
201625.0-80.07%
2015125248.48%
201436.012.92%
201331.9

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.