Dah Sing Banking Group
2356.HK
#4665
Rank
โ‚น180.14 B
Marketcap
โ‚น128.15
Share price
0.36%
Change (1 day)
73.89%
Change (1 year)

P/E ratio for Dah Sing Banking Group (2356.HK)

P/E ratio at the end of 2024: 5.12

According to Dah Sing Banking Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.51843. At the end of 2024 the company had a P/E ratio of 5.12.

P/E ratio history for Dah Sing Banking Group from 2004 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20245.1261.56%
20233.17-16.66%
20223.80-8.04%
20214.13-21.75%
20205.2820.47%
20194.38-11.77%
20184.97-26.78%
20176.7820.36%
20165.6410.59%
20155.105.26%
20144.84-11.11%
20135.4539.54%
20123.90-0.06%
20113.91-48.24%
20107.55-22.07%
20099.69-31.35%
200814.133.55%
200710.661.88%
20066.536.9%
20056.1013.93%
20045.36

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.