Hong Kong and China Gas
0003.HK
#909
Rank
$16.68 B
Marketcap
$0.89
Share price
-1.40%
Change (1 day)
-40.67%
Change (1 year)

P/E ratio for Hong Kong and China Gas (0003.HK)

P/E ratio at the end of 2020: 34.2

According to Hong Kong and China Gas 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.4332. At the end of 2020 the company had a P/E ratio of 34.2.

P/E ratio history for Hong Kong and China Gas from 2001 to 2020

PE ratio at the end of each year

Year P/E ratio Change
202034.2-7.45%
201937.037.06%
201827.03.38%
201726.110.24%
201623.7-1.32%
201524.0-8.27%
201426.26.09%
201324.73.06%
201223.93.85%
201123.0-3.53%
201023.9-2.95%
200924.638.58%
200817.813.71%
200715.6-4.75%
200616.4-5.15%
200517.3-41.6%
200429.636.04%
200321.817.35%
200218.512.03%
200116.5

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.