Sunlight REIT
0435.HK
#6904
Rank
โ‚น35.60 B
Marketcap
โ‚น20.62
Share price
-1.04%
Change (1 day)
-4.82%
Change (1 year)

P/E ratio for Sunlight REIT (0435.HK)

P/E ratio at the end of 2022: 489

According to Sunlight REIT 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.9546. At the end of 2022 the company had a P/E ratio of 489.

P/E ratio history for Sunlight REIT from 2008 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022489-296.87%
2021-248277.6%
2020-65.8-236.38%
201948.2-0.19%
201848.3-46.2%
201789.830.98%
201668.6160.1%
201526.4-20.93%
201433.441.07%
201323.6-25.27%
201231.670.74%
201118.56.4%
201017.4-146.39%
2009-37.5-222.87%
200830.5

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.