Zhongsheng Group
0881.HK
#2410
Rank
$5.41 B
Marketcap
$2.27
Share price
0.57%
Change (1 day)
-60.38%
Change (1 year)

P/E ratio for Zhongsheng Group (0881.HK)

P/E ratio at the end of 2022: 12.8

According to Zhongsheng Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.64746. At the end of 2022 the company had a P/E ratio of 12.8.

P/E ratio history for Zhongsheng Group from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202212.8-6.19%
202113.7-25.84%
202018.529.14%
201914.371.59%
20188.33-14.77%
20179.7738.05%
20167.08-61.71%
201518.516.63%
201415.81.17%
201315.7-35.11%
201224.171.65%
201114.1-45.19%
201025.7

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.