P/E ratio for Hongkong and Shanghai Hotels (0045.HK)
P/E ratio at the end of 2022: -27.1
According to Hongkong and Shanghai Hotels's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of -27.1.
P/E ratio history for Hongkong and Shanghai Hotels from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -27.1 | -72.26% |
| 2021 | -97.6 | 1556.61% |
| 2020 | -5.89 | -121.09% |
| 2019 | 27.9 | 89.55% |
| 2018 | 14.7 | -7.26% |
| 2017 | 15.9 | -20.55% |
| 2016 | 20.0 | 52.05% |
| 2015 | 13.2 | -13.97% |
| 2014 | 15.3 | 65.37% |
| 2013 | 9.25 | -13.06% |
| 2012 | 10.6 | 87.74% |
| 2011 | 5.66 | -15.03% |
| 2010 | 6.67 | 6.25% |
| 2009 | 6.27 | -83.66% |
| 2008 | 38.4 | 571.72% |
| 2007 | 5.72 | -36.05% |
| 2006 | 8.94 | 98.76% |
| 2005 | 4.50 | 27.85% |
| 2004 | 3.52 |
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.