P/E ratio for Sino Land (0083.HK)
P/E ratio at the end of 2022: 15.5
According to Sino Land's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.6334. At the end of 2022 the company had a P/E ratio of 15.5.
P/E ratio history for Sino Land from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.5 | 66.93% |
| 2021 | 9.29 | -76.54% |
| 2020 | 39.6 | 212.02% |
| 2019 | 12.7 | 116.32% |
| 2018 | 5.87 | -45.71% |
| 2017 | 10.8 | 0.86% |
| 2016 | 10.7 | 32.6% |
| 2015 | 8.08 | -6.28% |
| 2014 | 8.62 | 57.07% |
| 2013 | 5.49 | -13.1% |
| 2012 | 6.32 | 8.02% |
| 2011 | 5.85 | -49.12% |
| 2010 | 11.5 | -32.02% |
| 2009 | 16.9 | 88.44% |
| 2008 | 8.97 | -23.12% |
| 2007 | 11.7 | 42.27% |
| 2006 | 8.20 | 17.8% |
| 2005 | 6.96 | -41.56% |
| 2004 | 11.9 | -95.54% |
| 2003 | 267 | 519.2% |
| 2002 | 43.2 | 75.67% |
| 2001 | 24.6 |
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.