Record Financial Group
REC.L
#8599
Rank
HK$1.06 B
Marketcap
HK$551.75
Share price
2.71%
Change (1 day)
9,169.81%
Change (1 year)

P/E ratio for Record Financial Group (REC.L)

P/E ratio at the end of 2024: 12.7

According to Record Financial Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 116025. At the end of 2024 the company had a P/E ratio of 12.7.

P/E ratio history for Record Financial Group from 2005 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202412.7-9.99%
202314.1-7.85%
202215.4-34.59%
202123.5177.67%
20208.45-1.13%
20198.55-43.45%
201815.1-9.04%
201716.685.14%
20168.98-21.32%
201511.40.82%
201411.3-17.09%
201313.6244.68%
20123.96-16.76%
20114.76-49.67%
20109.4539.69%
20096.7761.32%
20084.195627.87%
20070.0732-81.5%
20060.3958-68.93%
20051.27

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.