Hong Kong Telecom
6823.HK
#1806
Rank
C$12.85 B
Marketcap
$1.70
Share price
-0.32%
Change (1 day)
16.92%
Change (1 year)

P/E ratio for Hong Kong Telecom (6823.HK)

P/E ratio at the end of 2022: 14.8

According to Hong Kong Telecom 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 14.8.

P/E ratio history for Hong Kong Telecom from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202214.8-10.58%
202116.514.18%
202014.5-9.76%
201916.0-10.12%
201817.912.39%
201715.97.96%
201614.7-22.07%
201518.9-21.09%
201423.920.06%
201319.9-33.75%
201230.177.12%
201117.0719.52%
20102.07

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.