P/E ratio for The Cross-Harbour Holdings (0032.HK)
P/E ratio at the end of 2021: -84.4
According to The Cross-Harbour Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -55.5893. At the end of 2021 the company had a P/E ratio of -84.4.
P/E ratio history for The Cross-Harbour Holdings from 2003 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -84.4 | -1302.65% |
| 2020 | 7.02 | 13.52% |
| 2019 | 6.18 | -36.38% |
| 2018 | 9.72 | 138.89% |
| 2017 | 4.07 | -59.73% |
| 2016 | 10.1 | 64.19% |
| 2015 | 6.15 | 6.41% |
| 2014 | 5.78 | 9.51% |
| 2013 | 5.28 | -10.57% |
| 2012 | 5.90 | -38.69% |
| 2011 | 9.63 | 43.03% |
| 2010 | 6.73 | -23.86% |
| 2009 | 8.84 | -43.21% |
| 2008 | 15.6 | |
| 2006 | 12.7 | 22.84% |
| 2005 | 10.4 | 1.45% |
| 2004 | 10.2 | -4.04% |
| 2003 | 10.7 |
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.