According to DAQO New Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.97292. At the end of 2022 the company had a P/E ratio of 1.57.
Year | P/E ratio | Change |
---|---|---|
2022 | 1.57 | -60.55% |
2021 | 3.98 | -87.47% |
2020 | 31.8 | 32.82% |
2019 | 23.9 | 251.72% |
2018 | 6.80 | 0.36% |
2017 | 6.78 | 46.09% |
2016 | 4.64 | -65.45% |
2015 | 13.4 | 2.46% |
2014 | 13.1 | -470.39% |
2013 | -3.54 | 1589% |
2012 | -0.2095 | -463.48% |
2011 | 0.0576 | -94.36% |
2010 | 1.02 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Dow DOW | 31.9 | 1,517.00% | ๐บ๐ธ USA |
Cabot Microelectronics CCMP | N/A | N/A | ๐บ๐ธ USA |
ReneSola
SOL | 7.23 | 266.47% | ๐บ๐ธ USA |
Jinko Solar
JKS | 2.17 | 9.90% | ๐จ๐ณ China |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.