P/E ratio for Baidu (BIDU)
P/E ratio as of May 2024 (TTM): 17.8
According to Baidu's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.8321. At the end of 2022 the company had a P/E ratio of 39.1.
P/E ratio history for Baidu from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 39.1 | 20.74% |
| 2021 | 32.4 | 45.66% |
| 2020 | 22.3 | -84.38% |
| 2019 | 143 | 960.92% |
| 2018 | 13.4 | -54.62% |
| 2017 | 29.6 | -14.39% |
| 2016 | 34.6 | 173.71% |
| 2015 | 12.6 | -66.43% |
| 2014 | 37.6 | 3.62% |
| 2013 | 36.3 | 71.87% |
| 2012 | 21.1 | -46.06% |
| 2011 | 39.2 | -38.62% |
| 2010 | 63.8 | -2.28% |
| 2009 | 65.3 | 245.67% |
| 2008 | 18.9 | -87.96% |
| 2007 | 157 | 444.57% |
| 2006 | 28.8 | -86.39% |
| 2005 | 212 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Yandex YNDX.ME | 48.2 | 170.22% | 🇳🇱 Netherlands |
 Sohu.com SOHU | -5.80 | -132.55% | 🇨🇳 China |
 Blucora BCOR | 3.11 | -82.55% | 🇺🇸 USA |
 Renren
RENN | 1.08 | -93.95% | 🇨🇳 China |
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.