P/E ratio for Eagle Nice (2368.HK)
P/E ratio at the end of 2023: 7.97
According to Eagle Nice's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.83556. At the end of 2023 the company had a P/E ratio of 7.97.
P/E ratio history for Eagle Nice from 2004 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 7.97 | -7.03% |
| 2022 | 8.57 | 6% |
| 2021 | 8.09 | 56.39% |
| 2020 | 5.17 | -52.44% |
| 2019 | 10.9 | 32.87% |
| 2018 | 8.19 | 17.1% |
| 2017 | 6.99 | -21% |
| 2016 | 8.85 | 6.42% |
| 2015 | 8.31 | -68.49% |
| 2014 | 26.4 | 128.2% |
| 2013 | 11.6 | 62.17% |
| 2012 | 7.13 | -14.01% |
| 2011 | 8.29 | -28.03% |
| 2010 | 11.5 | 275.71% |
| 2009 | 3.07 | -54.48% |
| 2008 | 6.74 | -41.87% |
| 2007 | 11.6 | |
| 2005 | 13.9 | 3.36% |
| 2004 | 13.5 |
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.