This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). We’ll apply a basic P/E ratio analysis to Haitian International Holdings Limited’s (HKG:1882), to help you decide if the stock is worth further research. Haitian International Holdings has a price to earnings ratio of 11.56, based on the last twelve months. In other words, at today’s prices, investors are paying HK$11.56 for every HK$1 in prior year profit.

See our latest analysis for Haitian International Holdings

How Do I Calculate Haitian International Holdings’s Price To Earnings Ratio?

The formula for price to earnings is:

Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS)

Or for Haitian International Holdings:

P/E of 11.56 = CN¥12.679