Price-earnings ratio (PR)

A stock’s market price divided by its current or estimated future earnings per share; a fundamental measure of the attractiveness of a particular security versus all other securities as determined by the investing public. The lower the ratio relative to the average of the stockmarket, the lower the (market’s) profit growth expectations. Also called earnings multiple.

The content of this site is not for the use of Hong Kong investors. You can change the regional content by selecting a region from the drop down box in the top right-hand corner.