New World Development Co Ltd
HKEX:17

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New World Development Co Ltd
HKEX:17
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Price: 6.76 HKD
Market Cap: 17B HKD
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P/E
Price to Earnings

-0.9
Current
44.8
Median
16.6
Industry
Lower than median
Lower than industry value

Price to Earnings (P/E) ratio is a valuation multiple that compares a company’s market capitalization to its net income. It indicates the dollar amount an investor can expect to invest in a company in order to receive $1 of that company’s earnings.

P/E
-0.9
=
Market Cap
17B HKD
/
Net Income
-19.5B HKD
All Countries
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P/E Forward Multiples

Forward P/E multiple is a version of the P/E ratio that uses forecasted net income for the P/E calculation. 1-Year, 2-Years, and 3-Years forwards use net income forecasts for 1, 2, and 3 years ahead, respectively.

1-Year Forward
P/E
19.4
2-Years Forward
P/E
12.4
3-Years Forward
P/E
7.6

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