Longfor Group
0960.HK
#838
Rank
$20.83 B
Marketcap
$3.28
Share price
-3.57%
Change (1 day)
N/A
Change (1 year)

P/E ratio for Longfor Group (0960.HK)

P/E ratio at the end of 2021: 7.07

According to Longfor Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.19208. At the end of 2021 the company had a P/E ratio of 7.07.

P/E ratio history for Longfor Group from 2011 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20217.07-24.99%
20209.43-3.22%
20199.7450.49%
20186.47-2.18%
20176.6220.46%
20165.49-9.2%
20156.0537.27%
20144.413.95%
20134.24-49.73%
20128.4483.15%
20114.61

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.