Tian An China Investments Company
0028.HK
#6454
Rank
$0.81 B
Marketcap
$0.56
Share price
-1.36%
Change (1 day)
2.85%
Change (1 year)

P/E ratio for Tian An China Investments Company (0028.HK)

P/E ratio at the end of 2024: -29.2

According to Tian An China Investments Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -30.7991. At the end of 2024 the company had a P/E ratio of -29.2.

P/E ratio history for Tian An China Investments Company from 2004 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-29.2-845.23%
20233.9217.9%
20223.33-9.08%
20213.66-58.69%
20208.85209.35%
20192.86-18.05%
20183.4927.39%
20172.74257.47%
20160.7670-50.63%
20151.55-59.42%
20143.83-79.57%
201318.760.89%
201211.6148.55%
20114.6932.92%
20103.53-11.26%
20093.9772.35%
20082.31-78.09%
200710.5-86.7%
200679.11296.57%
20055.6615.4%
20044.91

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.