P/E ratio for (HLBank) Hong Leong Bank (5819.KL)
P/E ratio as of September 2023 (TTM): 9.99
According to (HLBank) Hong Leong Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.98772. At the end of 2022 the company had a P/E ratio of 12.8.
P/E ratio history for (HLBank) Hong Leong Bank from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 12.8 | -4.89% |
| 2021 | 13.5 | 16.76% |
| 2020 | 11.6 | -20.77% |
| 2019 | 14.6 | 3.32% |
| 2018 | 14.1 | -5.73% |
| 2017 | 15.0 | 14.19% |
| 2016 | 13.1 | 24.18% |
| 2015 | 10.6 | -9.34% |
| 2014 | 11.6 | -13.87% |
| 2013 | 13.5 | 7.78% |
| 2012 | 12.5 | -25.24% |
| 2011 | 16.8 | 32.55% |
| 2010 | 12.7 | 38.75% |
| 2009 | 9.12 | -19.49% |
| 2008 | 11.3 | -24.36% |
| 2007 | 15.0 | 7.95% |
| 2006 | 13.9 | -12.49% |
| 2005 | 15.9 |
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.