Dah Sing Banking Group
2356.HK
#4573
Rank
โ‚ฌ1.82 B
Marketcap
1,29ย โ‚ฌ
Share price
0.60%
Change (1 day)
22.69%
Change (1 year)

P/E ratio for Dah Sing Banking Group (2356.HK)

P/E ratio at the end of 2024: 5.09

According to Dah Sing Banking Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.88796. At the end of 2024 the company had a P/E ratio of 5.09.

P/E ratio history for Dah Sing Banking Group from 2004 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20245.0961.56%
20233.15-16.66%
20223.78-8.04%
20214.11-21.75%
20205.2620.47%
20194.36-11.77%
20184.95-26.78%
20176.7520.36%
20165.6110.59%
20155.075.26%
20144.82-11.11%
20135.4239.54%
20123.89-0.06%
20113.89-48.24%
20107.51-22.07%
20099.64-31.35%
200814.033.55%
200710.561.88%
20066.506.9%
20056.0813.93%
20045.33

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.