According to Sichuan Xunyou Network Technology's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 253.015. At the end of 2022 the company had a P/E ratio of -119.
Year | P/E ratio | Change |
---|---|---|
2022 | -119 | 515.54% |
2021 | -19.3 | -122.45% |
2020 | 86.2 | -2453.41% |
2019 | -3.66 | -44.45% |
2018 | -6.59 | -108.57% |
2017 | 77.0 | -57.83% |
2016 | 182 | -21.6% |
2015 | 233 |
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.