P/E ratio for NWS holdings (0659.HK)
P/E ratio at the end of 2022: 18.5
According to NWS holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.5006. At the end of 2022 the company had a P/E ratio of 18.5.
P/E ratio history for NWS holdings from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 18.5 | -34.49% |
| 2021 | 28.2 | -73.9% |
| 2020 | 108 | 602.42% |
| 2019 | 15.4 | 76.6% |
| 2018 | 8.73 | -17.13% |
| 2017 | 10.5 | 18.24% |
| 2016 | 8.90 | -3.94% |
| 2015 | 9.27 | -23.93% |
| 2014 | 12.2 | 14.35% |
| 2013 | 10.7 | 46.4% |
| 2012 | 7.28 | 0.52% |
| 2011 | 7.24 | -0.76% |
| 2010 | 7.30 | -43.96% |
| 2009 | 13.0 | 21.78% |
| 2008 | 10.7 | -44.58% |
| 2007 | 19.3 | 29.23% |
| 2006 | 14.9 | 114.89% |
| 2005 | 6.95 | -32.6% |
| 2004 | 10.3 |
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.