Zhejiang Century Huatong
002602.SZ
#2754
Rank
HK$39.31 B
Marketcap
HK$5.27
Share price
-5.07%
Change (1 day)
-18.62%
Change (1 year)

P/E ratio for Zhejiang Century Huatong (002602.SZ)

P/E ratio as of November 2024 (TTM): -5.04

According to Zhejiang Century Huatong's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.03779. At the end of 2022 the company had a P/E ratio of -3.97.

P/E ratio history for Zhejiang Century Huatong from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-3.97-115.14%
202126.247.5%
202017.8-9.59%
201919.7-55.38%
201844.1-1.72%
201744.8-53.15%
201695.712.42%
201585.175.34%
201448.5106.16%
201323.516.93%
201220.134.68%
201115.0

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.