Tingyi (master kang)
0322.HK
#2175
Rank
A$11.15 B
Marketcap
$1.98
Share price
-2.71%
Change (1 day)
0.19%
Change (1 year)
Categories

P/E ratio for Tingyi (master kang) (0322.HK)

P/E ratio as of November 2024 (TTM): 19.7

According to Tingyi (master kang)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.7064. At the end of 2017 the company had a P/E ratio of 40.4.

P/E ratio history for Tingyi (master kang) from 2009 to 2018

PE ratio at the end of each year

Year P/E ratio Change
201740.45.32%
201638.426.35%
201530.4-4.03%
201431.6-20.67%
201339.917.03%
201234.1-17.36%
201141.236.98%
201030.1-16.5%
200936.1

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.