Dah Sing Banking Group
2356.HK
#5123
Rank
โ‚น103.18 B
Marketcap
โ‚น73.40
Share price
0.29%
Change (1 day)
33.77%
Change (1 year)

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

P/E ratio at the end of 2022: 4.91

According to Dah Sing Banking Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.98567. At the end of 2022 the company had a P/E ratio of 4.91.

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
20224.91-12.95%
20215.65-24.68%
20207.5013.4%
20196.61-14.99%
20187.78-28.65%
201710.917.53%
20169.277.65%
20158.613.01%
20148.36-13.35%
20139.6535.41%
20127.13-3.98%
20117.42-49.56%
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.