Shangri-La
0069.HK
#3980
Rank
$2.38 B
Marketcap
$0.67
Share price
-1.14%
Change (1 day)
-0.12%
Change (1 year)

P/E ratio for Shangri-La (0069.HK)

P/E ratio at the end of 2022: -18.4

According to Shangri-La's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of -18.4.

P/E ratio history for Shangri-La from 2003 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-18.482.82%
2021-10.145.39%
2020-6.92-127.93%
201924.8-6.06%
201826.4-48.39%
201751.145.4%
201635.241.12%
201524.95.84%
201423.554.12%
201315.3-12.91%
201217.5-16.13%
201120.9-25.01%
201027.931.93%
200921.111.94%
200818.9-26.27%
200725.6-21.23%
200632.520.76%
200526.9-5.29%
200428.42.28%
200327.8

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.