P/E ratio for Huatai Securities (601688.SS)
P/E ratio as of April 2024 (TTM): 10.5
According to Huatai Securities's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.5075. At the end of 2022 the company had a P/E ratio of 10.8.
P/E ratio history for Huatai Securities from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.8 | -10.28% |
| 2021 | 12.0 | -17.53% |
| 2020 | 14.6 | -26.33% |
| 2019 | 19.8 | -19.4% |
| 2018 | 24.6 | 85.1% |
| 2017 | 13.3 | -34.92% |
| 2016 | 20.4 | 67.24% |
| 2015 | 12.2 | -58.94% |
| 2014 | 29.7 | 33.52% |
| 2013 | 22.3 | -32.92% |
| 2012 | 33.2 | 35.15% |
| 2011 | 24.5 | 15.65% |
| 2010 | 21.2 |
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.