P/E ratio for SmarTone Telecommunications (0315.HK)
P/E ratio at the end of 2022: 11.0
According to SmarTone Telecommunications's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.65344. At the end of 2022 the company had a P/E ratio of 11.0.
P/E ratio history for SmarTone Telecommunications from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.0 | -5.31% |
| 2021 | 11.6 | -3.32% |
| 2020 | 12.0 | -9.16% |
| 2019 | 13.2 | -10.02% |
| 2018 | 14.7 | -11.42% |
| 2017 | 16.5 | -10.43% |
| 2016 | 18.5 | 25.49% |
| 2015 | 14.7 | -22.52% |
| 2014 | 19.0 | 21.04% |
| 2013 | 15.7 | 5.46% |
| 2012 | 14.9 | -4.95% |
| 2011 | 15.7 | 7.94% |
| 2010 | 14.5 | -78.8% |
| 2009 | 68.4 | 305.08% |
| 2008 | 16.9 | -49.26% |
| 2007 | 33.3 | -46.62% |
| 2006 | 62.4 | 309.32% |
| 2005 | 15.2 | 43.18% |
| 2004 | 10.6 |
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.