P/E ratio for Techtronic Industries (0669.HK)
P/E ratio at the end of 2022: 20.0
According to Techtronic Industries 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 20.0.
P/E ratio history for Techtronic Industries from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.0 | -39.58% |
| 2021 | 33.2 | 7.21% |
| 2020 | 31.0 | 23.1% |
| 2019 | 25.1 | 47.63% |
| 2018 | 17.0 | -28.34% |
| 2017 | 23.8 | 38.67% |
| 2016 | 17.1 | -20.86% |
| 2015 | 21.7 | 19.12% |
| 2014 | 18.2 | 10.7% |
| 2013 | 16.4 | 15.87% |
| 2012 | 14.2 | 50.43% |
| 2011 | 9.42 | -50.51% |
| 2010 | 19.0 | 20.63% |
| 2009 | 15.8 | |
| 2006 | 11.7 | -50.66% |
| 2005 | 23.7 | 18.17% |
| 2004 | 20.0 |
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.