ZK International Group
ZKIN
#9708
Rank
A$37.4 M
Marketcap
$1.03
Share price
-0.45%
Change (1 day)
-36.03%
Change (1 year)

P/E ratio for ZK International Group (ZKIN)

P/E ratio at the end of 2021: -16.5

According to ZK International Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.80471. At the end of 2021 the company had a P/E ratio of -16.5.

P/E ratio history for ZK International Group from 2017 to 2021

PE ratio at the end of each year

Year P/E ratio Change
2021-16.5-36.65%
2020-26.0-1207.83%
20192.35-61.86%
20186.15-60.3%
201715.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-3.80 0.00%๐Ÿ‡จ๐Ÿ‡ณ China
19.2-604.42%๐Ÿ‡บ๐Ÿ‡ธ 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.