Hai Di Lao Hot Pot
6862.HK
#2014
Rank
HK$73.64 B
Marketcap
HK$13.60
Share price
-0.44%
Change (1 day)
-14.73%
Change (1 year)

P/E ratio for Hai Di Lao Hot Pot (6862.HK)

P/E ratio at the end of 2024: 15.8

According to Hai Di Lao Hot Pot 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.6647. At the end of 2024 the company had a P/E ratio of 15.8.

P/E ratio history for Hai Di Lao Hot Pot from 2018 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202415.813.39%
202313.9-79.83%
202268.9-550.26%
2021-15.3-102.15%
20207121157.26%
201956.737.97%
201841.1

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.