MGM China Holdings
2282.HK
#2881
Rank
NZ$7.94 B
Marketcap
๐Ÿ‡ฒ๐Ÿ‡ด
Country
$2.09
Share price
-1.96%
Change (1 day)
4.51%
Change (1 year)

P/E ratio for MGM China Holdings (2282.HK)

P/E ratio at the end of 2022: -22.9

According to MGM China Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -25.2485. At the end of 2022 the company had a P/E ratio of -22.9.

P/E ratio history for MGM China Holdings from 2011 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-22.9392.33%
2021-4.65-49.51%
2020-9.21-136.42%
201925.3-43.94%
201845.115.92%
201738.993.78%
201620.169.35%
201511.9-9.72%
201413.1-43.3%
201323.292.72%
201212.01.81%
201111.8

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.