Hong Kong and China Gas
0003.HK
#1223
Rank
NZ$26.06 B
Marketcap
$1.40
Share price
0.33%
Change (1 day)
17.69%
Change (1 year)

P/E ratio for Hong Kong and China Gas (0003.HK)

P/E ratio at the end of 2022: 26.5

According to Hong Kong and China Gas 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.9432. At the end of 2022 the company had a P/E ratio of 26.5.

P/E ratio history for Hong Kong and China Gas from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202226.5-41.76%
202145.532.51%
202034.3-7.57%
201937.237.19%
201827.13.47%
201726.210.24%
201623.7-1.5%
201524.1-8.11%
201426.26.05%
201324.72.88%
201224.04.11%
201123.1-3.67%
201024.0-0.94%
200924.235.81%
200817.813.72%
200715.7-4.79%
200616.5-5.12%
200517.4-37.18%
200427.626.47%
200321.8-98.84%
2002> 100010252.1%
200118.2

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.