Dah Sing Banking Group
2356.HK
#5035
Rank
NZ$2.36 B
Marketcap
$1.68
Share price
0.94%
Change (1 day)
68.43%
Change (1 year)

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

P/E ratio at the end of 2022: 4.93

According to Dah Sing Banking Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.56075. At the end of 2022 the company had a P/E ratio of 4.93.

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
20224.93-12.95%
20215.66-24.68%
20207.5213.4%
20196.63-14.99%
20187.80-28.65%
201710.917.53%
20169.307.65%
20158.643.01%
20148.39-13.35%
20139.6835.41%
20127.15-3.98%
20117.45-49.56%
201014.8-22.51%
200919.1-31.35%
200827.729.95%
200721.455.55%
200613.72.68%
200513.49.13%
200412.3

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.