Tian An China Investments Company
0028.HK
#6197
Rank
HK$6.80 B
Marketcap
HK$4.64
Share price
0.00%
Change (1 day)
21.69%
Change (1 year)

P/E ratio for Tian An China Investments Company (0028.HK)

P/E ratio at the end of 2024: -29.3

According to Tian An China Investments Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -33.0513. At the end of 2024 the company had a P/E ratio of -29.3.

P/E ratio history for Tian An China Investments Company from 2004 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-29.3-845.23%
20233.9417.9%
20223.34-9.08%
20213.67-58.69%
20208.89209.35%
20192.88-18.05%
20183.5127.39%
20172.75257.47%
20160.7705-50.63%
20151.56-59.42%
20143.85-79.57%
201318.860.89%
201211.7148.55%
20114.7132.92%
20103.54-11.26%
20093.9972.35%
20082.32-78.09%
200710.6-86.7%
200679.51296.57%
20055.6915.4%
20044.93

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.