According to Netcapital's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.393617. At the end of 2022 the company had a P/E ratio of 1.76.
Year | P/E ratio | Change |
---|---|---|
2022 | 1.76 | -85.8% |
2021 | 12.4 | -76.89% |
2020 | 53.8 | 1060.44% |
2019 | 4.63 | -97.77% |
2018 | 208 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
OneConnect OCFT | -0.1982 | -150.35% | 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.