AMTD IDEA Group
AMTD
#5398
Rank
C$1.53 B
Marketcap
$1.65
Share price
-0.84%
Change (1 day)
-37.93%
Change (1 year)

P/E ratio for AMTD IDEA Group (AMTD)

P/E ratio as of November 2024 (TTM): 1.27

According to AMTD IDEA Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.26575. At the end of 2019 the company had a P/E ratio of 51.7.

P/E ratio history for AMTD IDEA Group from 2019 to 2020

PE ratio at the end of each year

Year P/E ratio Change
201951.7

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.