P/E ratio for Pico Far East Holdings (0752.HK)
P/E ratio at the end of 2022: 8.25
According to Pico Far East Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.5532. At the end of 2022 the company had a P/E ratio of 8.25.
P/E ratio history for Pico Far East Holdings from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 8.25 | -31.51% |
| 2021 | 12.0 | -55.71% |
| 2020 | 27.2 | 111.87% |
| 2019 | 12.8 | 5.95% |
| 2018 | 12.1 | -15.06% |
| 2017 | 14.3 | 49.85% |
| 2016 | 9.51 | 5.16% |
| 2015 | 9.05 | -4.47% |
| 2014 | 9.47 | -30.79% |
| 2013 | 13.7 | 43.03% |
| 2012 | 9.57 | 43.03% |
| 2011 | 6.69 | -29.41% |
| 2010 | 9.48 | -30.72% |
| 2009 | 13.7 | 325% |
| 2008 | 3.22 | -83.91% |
| 2007 | 20.0 | 52.73% |
| 2006 | 13.1 | 65.17% |
| 2005 | 7.93 |
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.