P/E ratio for Hotai Motor (2207.TW)
P/E ratio as of April 2024 (TTM): -30.5
According to Hotai Motor 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -30.471. At the end of 2022 the company had a P/E ratio of -17.0.
P/E ratio history for Hotai Motor from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -17.0 | -180.38% |
| 2021 | 21.1 | -18.41% |
| 2020 | 25.9 | -20% |
| 2019 | 32.3 | 135.59% |
| 2018 | 13.7 | -29.62% |
| 2017 | 19.5 | 1.79% |
| 2016 | 19.2 | -11.59% |
| 2015 | 21.7 | -24.77% |
| 2014 | 28.8 | 7.5% |
| 2013 | 26.8 | 55.24% |
| 2012 | 17.3 | 40.25% |
| 2011 | 12.3 | 20.24% |
| 2010 | 10.2 |
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.