P/E ratio for Television Broadcasts (TVB) (0511.HK)
P/E ratio at the end of 2022: -2.00
According to Television Broadcasts (TVB)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.0457. At the end of 2022 the company had a P/E ratio of -2.00.
P/E ratio history for Television Broadcasts (TVB) from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.00 | -37.89% |
| 2021 | -3.22 | -73.95% |
| 2020 | -12.4 | -31.84% |
| 2019 | -18.1 | -44.94% |
| 2018 | -33.0 | -165.69% |
| 2017 | 50.2 | 126.02% |
| 2016 | 22.2 | 113.28% |
| 2015 | 10.4 | -25.47% |
| 2014 | 14.0 | 7.95% |
| 2013 | 12.9 | -10.42% |
| 2012 | 14.4 | 9.51% |
| 2011 | 13.2 | -4.4% |
| 2010 | 13.8 | -23.44% |
| 2009 | 18.0 | 76.32% |
| 2008 | 10.2 | -37.7% |
| 2007 | 16.4 | -5.96% |
| 2006 | 17.4 | 14.75% |
| 2005 | 15.2 | -30.96% |
| 2004 | 22.0 | -42.38% |
| 2003 | 38.2 | 110.51% |
| 2002 | 18.1 |
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.