P/E ratio for Hong Leong Capital (5274.KL)
P/E ratio as of May 2024 (TTM): 18.5
According to Hong Leong Capital's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.4613. At the end of 2022 the company had a P/E ratio of 26.2.
P/E ratio history for Hong Leong Capital from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 26.2 | 136.87% |
| 2021 | 11.0 | 3.33% |
| 2020 | 10.7 | -68.45% |
| 2019 | 33.9 | 0.66% |
| 2018 | 33.7 | 4.95% |
| 2017 | 32.1 | -12.58% |
| 2016 | 36.7 | 19.42% |
| 2015 | 30.7 | -1.23% |
| 2014 | 31.1 | 61.72% |
| 2013 | 19.2 | 142.74% |
| 2012 | 7.92 |
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.