P/E ratio for Texwinca Holdings (0321.HK)
P/E ratio at the end of 2023: 25.4
According to Texwinca Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.5362. At the end of 2023 the company had a P/E ratio of 25.4.
P/E ratio history for Texwinca Holdings from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 25.4 | 137.24% |
| 2022 | 10.7 | 17.45% |
| 2021 | 9.13 | -10.04% |
| 2020 | 10.1 | -19.65% |
| 2019 | 12.6 | -32.73% |
| 2018 | 18.8 | 23.49% |
| 2017 | 15.2 | 54.72% |
| 2016 | 9.83 | -17.58% |
| 2015 | 11.9 | -25.99% |
| 2014 | 16.1 | 9.18% |
| 2013 | 14.8 | 8.35% |
| 2012 | 13.6 | 41.15% |
| 2011 | 9.65 | -15.82% |
| 2010 | 11.5 | 80.82% |
| 2009 | 6.34 | -19.08% |
| 2008 | 7.83 | -29.74% |
| 2007 | 11.1 | -32.14% |
| 2006 | 16.4 | -13.05% |
| 2005 | 18.9 | 5.34% |
| 2004 | 17.9 | 43.38% |
| 2003 | 12.5 |
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.