P/E ratio for Hongkong Land (H78.SI)
P/E ratio at the end of 2022: 51.2
According to Hongkong Land '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 51.2.
P/E ratio history for Hongkong Land from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 51.2 | -245.36% |
| 2021 | -35.2 | 857.49% |
| 2020 | -3.68 | -105.39% |
| 2019 | 68.2 | 1035.14% |
| 2018 | 6.00 | 103.52% |
| 2017 | 2.95 | -33.71% |
| 2016 | 4.45 | -44.93% |
| 2015 | 8.08 | -32.25% |
| 2014 | 11.9 | 3.45% |
| 2013 | 11.5 | 0.01% |
| 2012 | 11.5 | 480.24% |
| 2011 | 1.99 | -41.44% |
| 2010 | 3.39 | -43.14% |
| 2009 | 5.97 | -111.12% |
| 2008 | -53.7 | -1468.66% |
| 2007 | 3.92 | -18.03% |
| 2006 | 4.78 | 26.87% |
| 2005 | 3.77 | 63.37% |
| 2004 | 2.31 | -152.13% |
| 2003 | -4.43 | 45.21% |
| 2002 | -3.05 | -57.01% |
| 2001 | -7.09 |
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.