Inter Cars
CAR.WA
#4561
Rank
HK$13.51 B
Marketcap
HK$954.20
Share price
-0.70%
Change (1 day)
-9.39%
Change (1 year)
Categories

P/E ratio for Inter Cars (CAR.WA)

P/E ratio as of November 2024 (TTM): 9.87

According to Inter Cars's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.865. At the end of 2022 the company had a P/E ratio of 8.76.

P/E ratio history for Inter Cars from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.76-8.57%
20219.58-4.52%
202010.0-21.54%
201912.8-3.57%
201813.3-34.63%
201720.318.71%
201617.1-23.38%
201522.324.69%
201417.9-1.71%
201318.249.84%
201212.113.32%
201110.7-33.01%
201016.0-0.8%
200916.1

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.