P/E ratio for Shui On Land (0272.HK)
P/E ratio at the end of 2021: 4.18
According to Shui On Land's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.09184. At the end of 2021 the company had a P/E ratio of 4.18.
P/E ratio history for Shui On Land from 2006 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 4.18 | -142.25% |
| 2020 | -9.90 | -253.46% |
| 2019 | 6.45 | 1.48% |
| 2018 | 6.35 | -26.55% |
| 2017 | 8.65 | -20.77% |
| 2016 | 10.9 | -38.81% |
| 2015 | 17.8 | 170.54% |
| 2014 | 6.60 | 0.13% |
| 2013 | 6.59 | -27.29% |
| 2012 | 9.06 | 214.82% |
| 2011 | 2.88 | -50.68% |
| 2010 | 5.84 | -18.1% |
| 2009 | 7.13 | 49.07% |
| 2008 | 4.78 | -66.08% |
| 2007 | 14.1 | -0.36% |
| 2006 | 14.1 |
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.