Wharf REIC
1997.HK
#1955
Rank
NZ$14.26 B
Marketcap
$4.70
Share price
1.89%
Change (1 day)
-7.69%
Change (1 year)

P/E ratio for Wharf REIC (1997.HK)

P/E ratio at the end of 2021: 27.7

According to Wharf REIC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.8894. At the end of 2021 the company had a P/E ratio of 27.7.

P/E ratio history for Wharf REIC from 2017 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202127.7-279.67%
2020-15.4-141.91%
201936.9373.91%
20187.78-15.56%
20179.21

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.