Melbourne Enterprises
0158.HK
#8243
Rank
A$0.28 B
Marketcap
$11.59
Share price
-0.86%
Change (1 day)
-14.12%
Change (1 year)

P/E ratio for Melbourne Enterprises (0158.HK)

P/E ratio at the end of 2022: -186

According to Melbourne Enterprises's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -11.4089. At the end of 2022 the company had a P/E ratio of -186.

P/E ratio history for Melbourne Enterprises from 2004 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-186-143.75%
2021426-1650.44%
2020-27.5-61.57%
2019-71.4-525.68%
201816.8-28.03%
201723.3-76.72%
2016100121.25%
201545.3-98%
2014> 10004207.72%
201352.57.19%
201249.0165.03%
201118.5-19.09%
201022.9-46.72%
200942.920.01%
200835.853.27%
200723.3-12.04%
200626.5-83.81%
2005164-55.08%
2004365

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.