China Overseas Land & Investment
0688.HK
#1297
Rank
NZ$31.09 B
Marketcap
NZ$2.84
Share price
-0.53%
Change (1 day)
1.42%
Change (1 year)

P/E ratio for China Overseas Land & Investment (0688.HK)

P/E ratio at the end of 2024: 7.56

According to China Overseas Land & Investment 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.54803. At the end of 2024 the company had a P/E ratio of 7.56.

P/E ratio history for China Overseas Land & Investment from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20247.5660.5%
20234.71-34.82%
20227.23118.85%
20213.3027.99%
20202.58-49.42%
20195.1012.91%
20184.52-0.34%
20174.5424.03%
20163.66-17.99%
20154.467.49%
20144.15-8.45%
20134.53-25.54%
20126.0955.58%
20113.91-25.53%
20105.25-45.84%
20099.705.5%
20089.19-37.1%
200714.6-6.82%
200615.7116.11%
20057.2630.29%
20045.575.14%
20035.30-87.96%
200244.0635.35%
20015.99

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.