According to Hotai Motor 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -30.0238. At the end of 2022 the company had a P/E ratio of -16.6.
Year | P/E ratio | Change |
---|---|---|
2022 | -16.6 | -180.38% |
2021 | 20.7 | -18.41% |
2020 | 25.4 | -20% |
2019 | 31.7 | 135.59% |
2018 | 13.5 | -29.62% |
2017 | 19.1 | 1.79% |
2016 | 18.8 | -11.59% |
2015 | 21.2 | -24.77% |
2014 | 28.2 | 7.5% |
2013 | 26.3 | 55.24% |
2012 | 16.9 | 40.25% |
2011 | 12.1 | 20.24% |
2010 | 10.0 |
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.