Hotel Property Investments
HPI.AX
#6772
Rank
S$0.63 B
Marketcap
$3.24
Share price
0.82%
Change (1 day)
36.76%
Change (1 year)

P/E ratio for Hotel Property Investments (HPI.AX)

P/E ratio at the end of 2023: 167

According to Hotel Property Investments's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 196.199. At the end of 2023 the company had a P/E ratio of 167.

P/E ratio history for Hotel Property Investments from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20231676086.28%
20222.70-51.11%
20215.52-46.36%
202010.39.35%
20199.4110.79%
20188.49121.14%
20173.84-41.7%
20166.59-28.42%
20159.20190.3%
20143.17

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.