Hang Lung Group
0010.HK
#4110
Rank
โ‚น244.49 B
Marketcap
โ‚น179.57
Share price
0.13%
Change (1 day)
69.63%
Change (1 year)

P/E ratio for Hang Lung Group (0010.HK)

P/E ratio at the end of 2024: 8.31

According to Hang Lung Group'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 8.31.

P/E ratio history for Hang Lung Group from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20248.3190.6%
20234.36-23.01%
20225.66-12.43%
20216.46-153.1%
2020-12.2-566.14%
20192.61-21.11%
20183.31-29.34%
20174.68-23.53%
20166.13-2.78%
20156.3053.57%
20144.10-37.49%
20136.560.84%
20126.51-34.86%
20119.99326.02%
20102.35-77.03%
200910.2237.55%
20083.02-39.49%
20075.0033.76%
20063.7498.78%
20051.88-25.81%
20042.53-73.58%
20039.5965.03%
20025.8111.25%
20015.23

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.