ESR
1821.HK
#2509
Rank
โ‚ฌ5.48 B
Marketcap
1,29ย โ‚ฌ
Share price
-1.28%
Change (1 day)
8.10%
Change (1 year)

P/E ratio for ESR (1821.HK)

P/E ratio at the end of 2021: 30.8

According to ESR's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.7442. At the end of 2021 the company had a P/E ratio of 30.8.

P/E ratio history for ESR from 2019 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202130.8-22.6%
202039.763.15%
201924.4

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.