Wan Hai Lines
2615.TW
#2183
Rank
HK$56.77 B
Marketcap
HK$20.23
Share price
-2.43%
Change (1 day)
54.10%
Change (1 year)

P/E ratio for Wan Hai Lines (2615.TW)

P/E ratio as of December 2024 (TTM): 13.0

According to Wan Hai Lines's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.9616. At the end of 2022 the company had a P/E ratio of 2.41.

P/E ratio history for Wan Hai Lines from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20222.41-49.7%
20214.80-53.6%
202010.3-10.5%
201911.6-63.8%
201831.992.46%
201716.6-49.1%
201632.6217.96%
201510.3-12.07%
201411.7-27.79%
201316.1-20.23%
201220.2-98.62%
2011> 100014653.06%
20109.93

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.