P/E ratio for Eagle Nice (2368.HK)
P/E ratio at the end of 2023: 62.3
According to Eagle Nice's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.11154. At the end of 2023 the company had a P/E ratio of 62.3.
P/E ratio history for Eagle Nice from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 62.3 | -7.03% |
| 2022 | 67.0 | 6% |
| 2021 | 63.2 | 56.39% |
| 2020 | 40.4 | -52.44% |
| 2019 | 85.0 | 32.87% |
| 2018 | 64.0 | 17.1% |
| 2017 | 54.6 | -21% |
| 2016 | 69.2 | 6.42% |
| 2015 | 65.0 | -68.49% |
| 2014 | 206 | 128.2% |
| 2013 | 90.4 | 62.17% |
| 2012 | 55.7 | -14.01% |
| 2011 | 64.8 | -28.03% |
| 2010 | 90.1 | 275.71% |
| 2009 | 24.0 | -54.48% |
| 2008 | 52.7 | -41.87% |
| 2007 | 90.6 | -20.25% |
| 2006 | 114 | 4.28% |
| 2005 | 109 | 3.36% |
| 2004 | 105 |
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.