P/E ratio for Want Want China (0151.HK)
P/E ratio as of April 2024 (TTM): 92.8
According to Want Want China's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 92.8251. At the end of 2022 the company had a P/E ratio of 16.9.
P/E ratio history for Want Want China from 2016 to 2019
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 16.9 | 13.82% |
| 2021 | 14.9 | -13.83% |
| 2020 | 17.3 | -14.38% |
| 2019 | 20.1 | |
| 2016 | 16.0 | -14.13% |
| 2015 | 18.6 | -32.5% |
| 2014 | 27.6 | 0.29% |
| 2013 | 27.5 | -16.76% |
| 2012 | 33.1 | 5.31% |
| 2011 | 31.4 | -0.51% |
| 2010 | 31.6 | 8.62% |
| 2009 | 29.0 | 45.26% |
| 2008 | 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.