Does Chow Sang Sang Holdings International Limited’s (HKG:116) P/E Ratio Signal A Buying Opportunity?
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We’ll apply a basic P/E ratio analysis to Chow Sang Sang Holdings International Limited’s (HKG:116), to help you decide if the stock is worth further research. Looking at earnings over the last twelve months, Chow Sang Sang Holdings International has a P/E ratio of 5.98. That corresponds to an earnings yield of approximately 16.7%.
View our latest analysis for Chow Sang Sang Holdings International How Do You Calculate A P/E Ratio?
The formula for price to earnings is:
Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)
Or for Chow Sang Sang Holdings International:
P/E of 5.98 = HK$9.02 ÷ HK$1.51 (Based on the year to June 2019.) Is A High P/E Ratio Good?
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