P/E ratio for Sunny Optical (2382.HK)
P/E ratio at the end of 2022: 37.1
According to Sunny Optical 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.2492. At the end of 2022 the company had a P/E ratio of 37.1.
P/E ratio history for Sunny Optical from 2007 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 37.1 | -15.46% |
| 2021 | 43.9 | 39.34% |
| 2020 | 31.5 | -5.01% |
| 2019 | 33.2 | 30.78% |
| 2018 | 25.4 | -18.45% |
| 2017 | 31.1 | 21.54% |
| 2016 | 25.6 | 21.69% |
| 2015 | 21.0 | 9.62% |
| 2014 | 19.2 | 46.86% |
| 2013 | 13.1 | 14.62% |
| 2012 | 11.4 | 67.58% |
| 2011 | 6.80 | -45.93% |
| 2010 | 12.6 | 17.29% |
| 2009 | 10.7 | 95.24% |
| 2008 | 5.50 | -49.16% |
| 2007 | 10.8 |
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.