According to Geely's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.5347. At the end of 2022 the company had a P/E ratio of 19.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 19.8 | -44.3% |
2021 | 35.6 | -2.8% |
2020 | 36.6 | 139.47% |
2019 | 15.3 | 86.5% |
2018 | 8.20 | -56.96% |
2017 | 19.0 | 67% |
2016 | 11.4 | -16.31% |
2015 | 13.6 | 11.27% |
2014 | 12.2 | 35.03% |
2013 | 9.07 | -20.09% |
2012 | 11.3 | 71.19% |
2011 | 6.63 | -58.46% |
2010 | 16.0 | -26.79% |
2009 | 21.8 | 502.11% |
2008 | 3.62 | -73.36% |
2007 | 13.6 | -10.93% |
2006 | 15.3 | 26.76% |
2005 | 12.0 |
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.