P/E ratio for Hong Kong Ferry (0050.HK)
P/E ratio at the end of 2021: 16.6
According to Hong Kong Ferry's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2021 the company had a P/E ratio of 16.6.
P/E ratio history for Hong Kong Ferry from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 16.6 | -81.01% |
| 2020 | 87.4 | 377.34% |
| 2019 | 18.3 | 120.15% |
| 2018 | 8.32 | -18.31% |
| 2017 | 10.2 | -23.36% |
| 2016 | 13.3 | -22.51% |
| 2015 | 17.1 | 487.18% |
| 2014 | 2.92 | -70.44% |
| 2013 | 9.88 | 44.27% |
| 2012 | 6.85 | 78.47% |
| 2011 | 3.84 | -30.43% |
| 2010 | 5.51 | 164.55% |
| 2009 | 2.08 | -173.83% |
| 2008 | -2.82 | -137.61% |
| 2007 | 7.51 | -69.44% |
| 2006 | 24.6 | 78.46% |
| 2005 | 13.8 | 47.23% |
| 2004 | 9.35 | -15.64% |
| 2003 | 11.1 | 87.89% |
| 2002 | 5.90 | -28.32% |
| 2001 | 8.23 |
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.