Wolftank-Adisa Holding
WOLF.VI
#8890
Rank
HK$0.42 B
Marketcap
HK$84.65
Share price
1.03%
Change (1 day)
-26.92%
Change (1 year)

P/E ratio for Wolftank-Adisa Holding (WOLF.VI)

P/E ratio at the end of 2023: -14.6

According to Wolftank-Adisa Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -15.1081. At the end of 2023 the company had a P/E ratio of -14.6.

P/E ratio history for Wolftank-Adisa Holding from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-14.6-52.7%
2022-30.815.34%
2021-26.7252.42%
2020-7.58-133.51%
201922.6

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.