P/E ratio for Miramar Hotel and Investment (0071.HK)
P/E ratio at the end of 2022: 17.7
According to Miramar Hotel and Investment'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 17.7.
P/E ratio history for Miramar Hotel and Investment from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.7 | -33.8% |
| 2021 | 26.7 | -9.04% |
| 2020 | 29.3 | 247.34% |
| 2019 | 8.44 | 32.45% |
| 2018 | 6.37 | 2.81% |
| 2017 | 6.20 | -15.75% |
| 2016 | 7.36 | 26.95% |
| 2015 | 5.80 | 35.84% |
| 2014 | 4.27 | -4.95% |
| 2013 | 4.49 | 6.43% |
| 2012 | 4.22 | 19.46% |
| 2011 | 3.53 | -47.06% |
| 2010 | 6.67 | -62.65% |
| 2009 | 17.9 | 112.29% |
| 2008 | 8.41 | -24.05% |
| 2007 | 11.1 | 107.22% |
| 2006 | 5.34 | -34.53% |
| 2005 | 8.16 |
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.