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Leadway Technology Investment Group (HKSE:02086) PE Ratio (TTM) : At Loss (As of Dec. 11, 2024)


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What is Leadway Technology Investment Group PE Ratio (TTM)?

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2024-12-11), Leadway Technology Investment Group's share price is HK$0.50. Leadway Technology Investment Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-0.04. Therefore, Leadway Technology Investment Group's PE Ratio (TTM) for today is At Loss.


The historical rank and industry rank for Leadway Technology Investment Group's PE Ratio (TTM) or its related term are showing as below:

HKSE:02086' s PE Ratio (TTM) Range Over the Past 10 Years
Min: At Loss   Med: 34.71   Max: 305
Current: At Loss


During the past 13 years, the highest PE Ratio (TTM) of Leadway Technology Investment Group was 305.00. The lowest was 0.00. And the median was 34.71.


HKSE:02086's PE Ratio (TTM) is ranked worse than
100% of 770 companies
in the Business Services industry
Industry Median: 17.56 vs HKSE:02086: At Loss

Leadway Technology Investment Group's Earnings per Share (Diluted) for the six months ended in Jun. 2024 was HK$0.01. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-0.04.

As of today (2024-12-11), Leadway Technology Investment Group's share price is HK$0.50. Leadway Technology Investment Group's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-0.04. Therefore, Leadway Technology Investment Group's PE Ratio without NRI for today is At Loss.

During the past 13 years, Leadway Technology Investment Group's highest PE Ratio without NRI was 305.00. The lowest was 0.00. And the median was 140.00.

Leadway Technology Investment Group's EPS without NRI for the six months ended in Jun. 2024 was HK$0.01. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-0.04.

During the past 3 years, the average EPS without NRI Growth Rate was 1.60% per year.

During the past 13 years, Leadway Technology Investment Group's highest 3-Year average EPS without NRI Growth Rate was 220.80% per year. The lowest was -58.50% per year. And the median was 2.80% per year.

Leadway Technology Investment Group's EPS (Basic) for the six months ended in Jun. 2024 was HK$0.01. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-0.04.


Leadway Technology Investment Group PE Ratio (TTM) Historical Data

The historical data trend for Leadway Technology Investment Group's PE Ratio (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Leadway Technology Investment Group PE Ratio (TTM) Chart

Leadway Technology Investment Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only At Loss At Loss At Loss 300.00 At Loss

Leadway Technology Investment Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
PE Ratio (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only At Loss 300.00 At Loss At Loss At Loss

Competitive Comparison of Leadway Technology Investment Group's PE Ratio (TTM)

For the Security & Protection Services subindustry, Leadway Technology Investment Group's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Leadway Technology Investment Group's PE Ratio (TTM) Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Leadway Technology Investment Group's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Leadway Technology Investment Group's PE Ratio (TTM) falls into.



Leadway Technology Investment Group PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Leadway Technology Investment Group's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=0.50/-0.039
=At Loss

Leadway Technology Investment Group's Share Price of today is HK$0.50.
For company reported semi-annually, Leadway Technology Investment Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0.04.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.


Leadway Technology Investment Group  (HKSE:02086) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


Leadway Technology Investment Group PE Ratio (TTM) Related Terms

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Leadway Technology Investment Group Business Description

Traded in Other Exchanges
N/A
Address
Manhattan Place, 23 Wang Tai Road, Units 4108-4110, 41st Floor, Kowloon Bay, Hong Kong, HKG
Leadway Technology Investment Group Ltd is smart card reader supplier and is into the research and development of smart card operating systems and readers. The company is engaged in the financial technology and smart living business, which is for the development, sales and distribution of smart card products, software and hardware and the provision of smart card related services. Geographically, the company operates in Europe, Asia Pacific, The Americas and Middle East and Africa. It derives maximum revenue from Europe.
Executives
Mars Enterprise Holdings Limited 2201 Interest of corporation controlled by you
Megacore Development Limited 2101 Beneficial owner
Megacore International Innovation Limited 2201 Interest of corporation controlled by you
Zhang Xueqin 2201 Interest of corporation controlled by you
Zhong Zhao Investment Holdings Limited 2201 Interest of corporation controlled by you
Mai Zhaoping 2201 Interest of corporation controlled by you
Mars Development Limited 2101 Beneficial owner
Qiu Yong 2201 Interest of corporation controlled by you
Sun Speed Holdings Limited 2201 Interest of corporation controlled by you
Premium Financial Limited 2106 Person having a security interest in shares
Hna Ecotech Pioneer Acquisition 2101 Beneficial owner
Ci Hang Dong Xi Fang Wen Jiao Jiao Liu Ji Jin Hui You Xian Gong Si 2201 Interest of corporation controlled by you
Hai Nan Jiao Guan Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Hai Hang Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Sheng Tang Fa Zhan You Xian Gong Si 2201 Interest of corporation controlled by you

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