P/E ratio for Sunway (5211.KL)
P/E ratio as of April 2024 (TTM): 32.0
According to Sunway's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.0371. At the end of 2022 the company had a P/E ratio of 16.2.
P/E ratio history for Sunway from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.2 | 321.82% |
| 2021 | 3.83 | -82.88% |
| 2020 | 22.4 | 80.13% |
| 2019 | 12.4 | 2.53% |
| 2018 | 12.1 | -2.87% |
| 2017 | 12.5 | 22.57% |
| 2016 | 10.2 | 37.89% |
| 2015 | 7.38 | -1.25% |
| 2014 | 7.47 | 163.69% |
| 2013 | 2.83 | -60.77% |
| 2012 | 7.22 |
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.