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Autostreets Development (HKSE:02443) PE Ratio (TTM) : At Loss (As of Dec. 14, 2024)


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What is Autostreets Development 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 (2024-12-14), Autostreets Development's share price is HK$6.60. Autostreets Development's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-0.16. Therefore, Autostreets Development's PE Ratio (TTM) for today is At Loss.


The historical rank and industry rank for Autostreets Development's PE Ratio (TTM) or its related term are showing as below:

HKSE:02443' s PE Ratio (TTM) Range Over the Past 10 Years
Min: At Loss   Med: At Loss   Max: At Loss
Current: At Loss



HKSE:02443's PE Ratio (TTM) is ranked worse than
100% of 970 companies
in the Vehicles & Parts industry
Industry Median: 17.65 vs HKSE:02443: At Loss

Autostreets Development's Earnings per Share (Diluted) for the six months ended in Jun. 2024 was HK$-0.21. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-0.16.

As of today (2024-12-14), Autostreets Development's share price is HK$6.60. Autostreets Development's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2024 was HK$0.04. Therefore, Autostreets Development's PE Ratio without NRI for today is 160.98.

During the past 3 years, Autostreets Development's highest PE Ratio without NRI was 359.15. The lowest was 49.51. And the median was 81.83.

Autostreets Development's EPS without NRI for the six months ended in Jun. 2024 was HK$-0.06. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2024 was HK$0.04.

During the past 12 months, Autostreets Development's average EPS without NRI Growth Rate was -30.50% per year.

Autostreets Development's EPS (Basic) for the six months ended in Jun. 2024 was HK$-0.21. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-0.16.


Autostreets Development PE Ratio (TTM) Historical Data

The historical data trend for Autostreets Development'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.

Autostreets Development PE Ratio (TTM) Chart

Autostreets Development Annual Data
Trend Dec21 Dec22 Dec23
PE Ratio (TTM)
N/A N/A N/A

Autostreets Development Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
PE Ratio (TTM) At Loss N/A At Loss N/A At Loss

Competitive Comparison of Autostreets Development's PE Ratio (TTM)

For the Auto & Truck Dealerships subindustry, Autostreets Development'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.


Autostreets Development's PE Ratio (TTM) Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autostreets Development's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Autostreets Development's PE Ratio (TTM) falls into.



Autostreets Development 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.

Autostreets Development's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=6.60/-0.160
=At Loss

Autostreets Development's Share Price of today is HK$6.60.
For company reported semi-annually, Autostreets Development's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-0.16.

* 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.


Autostreets Development  (HKSE:02443) 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).


Autostreets Development PE Ratio (TTM) Related Terms

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Autostreets Development Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Zhenbei Road, No. 2251, 6th Floor, Kailong Center, Putuo District, Shanghai, CHN
Autostreets Development Ltd is engaged in used vehicle transaction service provider. It connects used vehicle buyers and sellers through its transaction platform in two auction formats, namely online-offline integrated auction and online auction. It had 79 auction sites located in 74 cities and offered offline services in 317 cities across China. It generates all of its revenues from PRC China.
Executives
Yang Aihua 2307 Founder of a discretionary trust who can infl
Extensive Prosperous Investments Limited 2101 Beneficial owner
Extensive Success Holding Limited 2201 Interest of corporation controlled by you
Orient Rich Investment Development Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Han Zhuoheng 2201 Interest of corporation controlled by you
Zhuoheng Holding Limited 2101 Beneficial owner
China Grand Automotive Services Group Co., Ltd. 2201 Interest of corporation controlled by you
World Key Investment Trading Limited 2101 Beneficial owner
Yang Hansong 2201 Interest of corporation controlled by you
Cox Automotive, Inc. 2201 Interest of corporation controlled by you
Cox Enterprises, Inc. 2201 Interest of corporation controlled by you
Manheim Investments, Inc. 2101 Beneficial owner

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