P/E ratio for Wing On Company International (0289.HK)
P/E ratio at the end of 2021: 9.25
According to Wing On Company International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.21665. At the end of 2021 the company had a P/E ratio of 9.25.
P/E ratio history for Wing On Company International from 2003 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 9.25 | -186.81% |
| 2020 | -10.7 | -229.36% |
| 2019 | 8.23 | 90.19% |
| 2018 | 4.33 | 41.4% |
| 2017 | 3.06 | -56.63% |
| 2016 | 7.06 | 0.79% |
| 2015 | 7.00 | 31.5% |
| 2014 | 5.33 | 11.19% |
| 2013 | 4.79 | 16.29% |
| 2012 | 4.12 | 83.37% |
| 2011 | 2.25 | -35.32% |
| 2010 | 3.47 | -19% |
| 2009 | 4.29 | -131.55% |
| 2008 | -13.6 | -613.43% |
| 2007 | 2.65 | -57.6% |
| 2006 | 6.24 | 96.47% |
| 2005 | 3.18 | -8.27% |
| 2004 | 3.46 | -44.69% |
| 2003 | 6.26 |
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.