Maaden
1211.SR
#387
Rank
HK$412.26 B
Marketcap
HK$111.67
Share price
-4.09%
Change (1 day)
43.58%
Change (1 year)

P/E ratio for Maaden (1211.SR)

P/E ratio as of November 2024 (TTM): 50.8

According to Maaden's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 50.8302. At the end of 2022 the company had a P/E ratio of 17.6.

P/E ratio history for Maaden from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.6-4.51%
202118.4-107.28%
2020-253242.06%
2019-74.0-335.66%
201831.4-60.82%
201780.2-102.05%
2016< -1000-6244.07%
201563.8188.62%
201422.127.61%
201317.3-36.39%
201227.2

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.