P/E ratio for Melbourne Enterprises (0158.HK)
P/E ratio at the end of 2022: -23.8
According to Melbourne Enterprises's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -13.5752. At the end of 2022 the company had a P/E ratio of -23.8.
P/E ratio history for Melbourne Enterprises from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -23.8 | -143.75% |
| 2021 | 54.4 | -1650.44% |
| 2020 | -3.51 | -61.57% |
| 2019 | -9.13 | -525.68% |
| 2018 | 2.14 | -28.03% |
| 2017 | 2.98 | -76.72% |
| 2016 | 12.8 | 121.25% |
| 2015 | 5.78 | -98% |
| 2014 | 289 | 4207.72% |
| 2013 | 6.71 | 7.19% |
| 2012 | 6.26 | 165.03% |
| 2011 | 2.36 | |
| 2009 | 5.48 |
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.