P/E ratio for Melco International Development (0200.HK)
P/E ratio at the end of 2022: -2.49
According to Melco International Development's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of -2.49.
P/E ratio history for Melco International Development from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.49 | -33.65% |
| 2021 | -3.75 | 4.19% |
| 2020 | -3.60 | -107.65% |
| 2019 | 47.1 | 4.86% |
| 2018 | 44.9 | -39.51% |
| 2017 | 74.2 | 4644.45% |
| 2016 | 1.56 | -99.06% |
| 2015 | 166 | 849.07% |
| 2014 | 17.5 | -35.73% |
| 2013 | 27.3 | 150.49% |
| 2012 | 10.9 | -57.02% |
| 2011 | 25.3 | -197.61% |
| 2010 | -25.9 | 757.73% |
| 2009 | -3.02 | 120.03% |
| 2008 | -1.37 | -126.32% |
| 2007 | 5.22 | -32.82% |
| 2006 | 7.77 | -56.54% |
| 2005 | 17.9 | -82.56% |
| 2004 | 103 | -1754.45% |
| 2003 | -6.20 | 88.75% |
| 2002 | -3.28 |
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.