Park Hotels & Resorts
PK
#3563
Rank
HK$23.85 B
Marketcap
HK$114.20
Share price
1.88%
Change (1 day)
15.44%
Change (1 year)

P/E ratio for Park Hotels & Resorts (PK)

P/E ratio as of September 2024 (TTM): -54.3

According to Park Hotels & Resorts 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -54.2593. At the end of 2022 the company had a P/E ratio of 16.4.

P/E ratio history for Park Hotels & Resorts from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202216.4-268.26%
2021-9.73245.02%
2020-2.82-115.37%
201918.363.14%
201811.2402.68%
20172.24-94.97%
201644.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-4.09-92.46%๐Ÿ‡บ๐Ÿ‡ธ USA
21.4-139.38%๐Ÿ‡บ๐Ÿ‡ธ USA
40.1-173.88%๐Ÿ‡บ๐Ÿ‡ธ USA

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.