P/E ratio for NetDragon Websoft (0777.HK)
P/E ratio at the end of 2022: 9.60
According to NetDragon Websoft's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.7421. At the end of 2022 the company had a P/E ratio of 9.60.
P/E ratio history for NetDragon Websoft from 2007 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.60 | 26.01% |
| 2021 | 7.62 | -9.29% |
| 2020 | 8.40 | -22.24% |
| 2019 | 10.8 | 5.06% |
| 2018 | 10.3 | -102.34% |
| 2017 | -439 | 839.43% |
| 2016 | -46.7 | -27.52% |
| 2015 | -64.4 | -307.77% |
| 2014 | 31.0 | 3291.22% |
| 2013 | 0.9147 | -99.17% |
| 2012 | 110 | 666.65% |
| 2011 | 14.3 | -65.09% |
| 2010 | 40.9 | 96.32% |
| 2009 | 20.9 | 255.6% |
| 2008 | 5.86 | -69.22% |
| 2007 | 19.1 |
How to read a P/E ratio?
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.