Tian An China Investments Company
0028.HK
#6119
Rank
HK$5.45 B
Marketcap
HK$3.72
Share price
-1.33%
Change (1 day)
-0.75%
Change (1 year)

P/E ratio for Tian An China Investments Company (0028.HK)

P/E ratio at the end of 2021: 4.44

According to Tian An China Investments Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.88351. At the end of 2021 the company had a P/E ratio of 4.44.

P/E ratio history for Tian An China Investments Company from 2004 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20214.44-60.4%
202011.2188.72%
20193.88-21.76%
20184.9622.12%
20174.07257.48%
20161.14-52.55%
20152.40-60.26%
20146.03-79.8%
201329.959.67%
201218.7145.65%
20117.6130.08%
20105.85-12.65%
20096.7070.62%
20083.93-78.46%
200718.2-86.76%
20061381295.94%
20059.8615.41%
20048.54

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.