Texwinca Holdings
0321.HK
#8633
Rank
HK$1.39 B
Marketcap
HK$1.01
Share price
-0.98%
Change (1 day)
30.10%
Change (1 year)
Categories

P/E ratio for Texwinca Holdings (0321.HK)

P/E ratio at the end of 2024: 7.40

According to Texwinca Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.5786. At the end of 2024 the company had a P/E ratio of 7.40.

P/E ratio history for Texwinca Holdings from 2002 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20247.40-65.44%
202321.4176.87%
20227.7430.9%
20215.91-6.96%
20206.35-9.41%
20197.01-26.22%
20189.5038.42%
20176.8767.7%
20164.09-11.34%
20154.62-20.5%
20145.8116.5%
20134.9914.7%
20124.3550.3%
20112.89-11.02%
20103.2593.12%
20091.68-11.5%
20081.90-26.12%
20072.57-29.31%
20063.64-9.2%
20054.018.83%
20043.6948.6%
20032.4821.22%
20022.05

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.