Hong Kong Telecom
6823.HK
#1749
Rank
ยฃ8.56 B
Marketcap
ยฃ1.13
Share price
-0.68%
Change (1 day)
24.31%
Change (1 year)

P/E ratio for Hong Kong Telecom (6823.HK)

P/E ratio at the end of 2024: 13.3

According to Hong Kong Telecom 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2024 the company had a P/E ratio of 13.3.

P/E ratio history for Hong Kong Telecom from 2010 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202413.39.48%
202312.23.66%
202211.7-4.35%
202112.321.9%
202010.1-4.36%
201910.5-4.93%
201811.119.9%
20179.2314.79%
20168.04-18.08%
20159.81-17.11%
201411.826.49%
20139.36-29.99%
201213.483.34%
20117.29719.52%
20100.8898

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.