P/E ratio for Shangri-La (0069.HK)
P/E ratio at the end of 2022: -18.4
According to Shangri-La's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of -18.4.
P/E ratio history for Shangri-La from 2003 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -18.4 | 82.82% |
| 2021 | -10.1 | 45.39% |
| 2020 | -6.92 | -127.93% |
| 2019 | 24.8 | -6.06% |
| 2018 | 26.4 | -48.39% |
| 2017 | 51.1 | 45.4% |
| 2016 | 35.2 | 41.12% |
| 2015 | 24.9 | 5.84% |
| 2014 | 23.5 | 54.12% |
| 2013 | 15.3 | -12.91% |
| 2012 | 17.5 | -16.13% |
| 2011 | 20.9 | -25.01% |
| 2010 | 27.9 | 31.93% |
| 2009 | 21.1 | 11.94% |
| 2008 | 18.9 | -26.27% |
| 2007 | 25.6 | -21.23% |
| 2006 | 32.5 | 20.76% |
| 2005 | 26.9 | -5.29% |
| 2004 | 28.4 | 2.28% |
| 2003 | 27.8 |
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.