P/E ratio for Wing Tai Properties (0369.HK)
P/E ratio at the end of 2021: 6.59
According to Wing Tai Properties's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.64427. At the end of 2021 the company had a P/E ratio of 6.59.
P/E ratio history for Wing Tai Properties from 2003 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.59 | -192.5% |
| 2020 | -7.12 | -125.63% |
| 2019 | 27.8 | 395.48% |
| 2018 | 5.61 | 52.16% |
| 2017 | 3.69 | -32.53% |
| 2016 | 5.46 | 0.83% |
| 2015 | 5.42 | 62.88% |
| 2014 | 3.33 | 41.35% |
| 2013 | 2.35 | 63.07% |
| 2012 | 1.44 | -1.01% |
| 2011 | 1.46 | -26.29% |
| 2010 | 1.98 | -75.91% |
| 2009 | 8.21 | 18.63% |
| 2008 | 6.92 | 180.4% |
| 2007 | 2.47 | -21.41% |
| 2006 | 3.14 | -18.68% |
| 2005 | 3.86 | -54.21% |
| 2004 | 8.43 | -63.11% |
| 2003 | 22.9 |
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.