Prime Office A/S
PRIMOF.CO
#8849
Rank
HK$0.70 B
Marketcap
HK$186.62
Share price
-1.73%
Change (1 day)
-9.04%
Change (1 year)

P/E ratio for Prime Office A/S (PRIMOF.CO)

P/E ratio as of November 2024 (TTM): 7.16

According to Prime Office A/S's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.16423. At the end of 2023 the company had a P/E ratio of 13.7.

P/E ratio history for Prime Office A/S from 2009 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202313.768.72%
20228.108.98%
20217.4339.78%
20205.32-14.84%
20196.256.13%
20185.882.99%
20175.71-22.15%
20167.34360.67%
20151.59-74.44%
20146.23-16.06%
20137.43-32.39%
201211.0-375.07%
2011-3.99-85.12%
2010-26.8-159.41%
200945.2251.2%
200812.9

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.