Longfor Group
0960.HK
#2483
Rank
$7.57 B
Marketcap
$1.10
Share price
2.25%
Change (1 day)
-17.01%
Change (1 year)

P/E ratio for Longfor Group (0960.HK)

P/E ratio at the end of 2024: 5.73

According to Longfor Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.98663. At the end of 2024 the company had a P/E ratio of 5.73.

P/E ratio history for Longfor Group from 2009 to 2024

PE ratio at the end of each year

Year P/E ratio Change
20245.7311.45%
20235.1412.24%
20224.58-24.59%
20216.08-28.16%
20208.467.69%
20197.8553.86%
20185.10-3.31%
20175.2841.42%
20163.73-7.79%
20154.0525.2%
20143.23-6%
20133.44-43.8%
20126.1281.18%
20113.38-49.06%
20106.63-18.24%
20098.11

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.