P/E ratio for ATA Creativity Global (AACG)
P/E ratio as of May 2024 (TTM): -4.49
According to ATA Creativity Global's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.49019. At the end of 2022 the company had a P/E ratio of -5.57.
P/E ratio history for ATA Creativity Global from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -5.57 | -7.38% |
| 2021 | -6.02 | 132.21% |
| 2020 | -2.59 | 31.35% |
| 2019 | -1.97 | -1227.55% |
| 2018 | 0.1749 | -100.78% |
| 2017 | -22.3 | -197.85% |
| 2016 | 22.8 | -39.22% |
| 2015 | 37.5 | 42.27% |
| 2014 | 26.4 | 59.13% |
| 2013 | 16.6 | -46.7% |
| 2012 | 31.1 | 26.5% |
| 2011 | 24.6 | -152.16% |
| 2010 | -47.1 | -192.55% |
| 2009 | 50.9 | 13.09% |
| 2008 | 45.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Houghton Mifflin Harcourt HMHC | 12.6 | -380.45% | 🇺🇸 USA |
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.