P/E ratio for Tian An China Investments Company (0028.HK)
P/E ratio at the end of 2021: 4.41
According to Tian An China Investments Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.89879. At the end of 2021 the company had a P/E ratio of 4.41.
P/E ratio history for Tian An China Investments Company from 2004 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 4.41 | -60.4% |
| 2020 | 11.1 | 188.72% |
| 2019 | 3.86 | -21.76% |
| 2018 | 4.93 | 22.12% |
| 2017 | 4.04 | 257.48% |
| 2016 | 1.13 | -52.55% |
| 2015 | 2.38 | -60.26% |
| 2014 | 5.99 | -79.8% |
| 2013 | 29.6 | 59.67% |
| 2012 | 18.6 | 145.65% |
| 2011 | 7.56 | 30.08% |
| 2010 | 5.81 | -12.65% |
| 2009 | 6.65 | 70.62% |
| 2008 | 3.90 | -78.46% |
| 2007 | 18.1 | -86.76% |
| 2006 | 137 | 1295.94% |
| 2005 | 9.79 | 15.41% |
| 2004 | 8.48 |
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.