P/E ratio for 37 Interactive Entertainment (002555.SZ)
P/E ratio as of April 2024 (TTM): 11.7
According to 37 Interactive Entertainment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.7362. At the end of 2022 the company had a P/E ratio of 13.5.
P/E ratio history for 37 Interactive Entertainment from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 13.5 | -34.51% |
| 2021 | 20.6 | -13.48% |
| 2020 | 23.8 | -11.48% |
| 2019 | 26.9 | 32.4% |
| 2018 | 20.3 | -23.75% |
| 2017 | 26.7 | -17.05% |
| 2016 | 32.2 | -61.43% |
| 2015 | 83.4 | -51.44% |
| 2014 | 172 | -79.92% |
| 2013 | 855 | 735.55% |
| 2012 | 102 | 295.54% |
| 2011 | 25.9 |
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.