Homeland Interactive Technology
3798.HK
#5961
Rank
$0.24 B
Marketcap
$0.19
Share price
2.78%
Change (1 day)
0.00%
Change (1 year)

P/E ratio for Homeland Interactive Technology (3798.HK)

P/E ratio at the end of 2021: 3.84

According to Homeland Interactive Technology's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.04425. At the end of 2021 the company had a P/E ratio of 3.84.

P/E ratio history for Homeland Interactive Technology from 2019 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20213.84-71.62%
202013.515.38%
201911.7

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.