P/E ratio for Dah Sing Banking Group (2356.HK)
P/E ratio at the end of 2022: 4.90
According to Dah Sing Banking Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.9985. At the end of 2022 the company had a P/E ratio of 4.90.
P/E ratio history for Dah Sing Banking Group from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.90 | -12.95% |
| 2021 | 5.63 | -24.68% |
| 2020 | 7.48 | 13.4% |
| 2019 | 6.59 | -14.99% |
| 2018 | 7.75 | -28.65% |
| 2017 | 10.9 | 17.53% |
| 2016 | 9.25 | 7.65% |
| 2015 | 8.59 | 3.01% |
| 2014 | 8.34 | -13.35% |
| 2013 | 9.62 | 35.41% |
| 2012 | 7.11 | -3.98% |
| 2011 | 7.40 | -49.56% |
| 2010 | 14.7 | -22.51% |
| 2009 | 18.9 | -31.35% |
| 2008 | 27.6 | 29.95% |
| 2007 | 21.2 | 55.55% |
| 2006 | 13.6 | 2.68% |
| 2005 | 13.3 | 9.13% |
| 2004 | 12.2 |
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.