Dah Sing Banking Group
2356.HK
#5103
Rank
โ‚ฌ1.25 B
Marketcap
0,89ย โ‚ฌ
Share price
1.53%
Change (1 day)
51.76%
Change (1 year)

P/E ratio for Dah Sing Banking Group (2356.HK)

P/E ratio at the end of 2022: 4.92

According to Dah Sing Banking Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.41588. At the end of 2022 the company had a P/E ratio of 4.92.

P/E ratio history for Dah Sing Banking Group from 2004 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20224.92-12.95%
20215.66-24.68%
20207.5113.4%
20196.62-14.99%
20187.79-28.65%
201710.917.53%
20169.297.65%
20158.633.01%
20148.38-13.35%
20139.6735.41%
20127.14-3.98%
20117.43-49.56%
201014.7-22.51%
200919.0-31.35%
200827.729.95%
200721.355.55%
200613.72.68%
200513.39.13%
200412.2

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.