P/E ratio for Sun Hung Kai Properties (0016.HK)
P/E ratio at the end of 2022: 10.7
According to Sun Hung Kai Properties 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.95275. At the end of 2022 the company had a P/E ratio of 10.7.
P/E ratio history for Sun Hung Kai Properties from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.7 | -14.44% |
| 2021 | 12.5 | 4.11% |
| 2020 | 12.0 | 40.28% |
| 2019 | 8.53 | 23.92% |
| 2018 | 6.88 | -12.97% |
| 2017 | 7.91 | -0.48% |
| 2016 | 7.95 | -28.62% |
| 2015 | 11.1 | 29.99% |
| 2014 | 8.57 | 31.97% |
| 2013 | 6.49 | 19.5% |
| 2012 | 5.43 | -7.74% |
| 2011 | 5.89 | -36.02% |
| 2010 | 9.20 | -62.09% |
| 2009 | 24.3 | 153.98% |
| 2008 | 9.56 | -13.42% |
| 2007 | 11.0 | 18.51% |
| 2006 | 9.31 | -8.91% |
| 2005 | 10.2 | -52.89% |
| 2004 | 21.7 | |
| 2001 | 20.2 |
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.