37 Interactive Entertainment
002555.SZ
#2199
Rank
$5.58 B
Marketcap
$2.52
Share price
1.14%
Change (1 day)
-32.08%
Change (1 year)

P/E ratio for 37 Interactive Entertainment (002555.SZ)

P/E ratio as of December 2022 (TTM): 16.5

According to 37 Interactive Entertainment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.5482. At the end of 2021 the company had a P/E ratio of 20.1.

P/E ratio history for 37 Interactive Entertainment from 2011 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202120.1-15.37%
202023.7-11.75%
201926.932%
201820.3-24.74%
201727.0-15.46%
201632.0-62.53%
201585.3-51.2%
2014175-79.82%
2013866717.25%
2012106203.93%
201134.9

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.