P/E ratio for Chinese Gamer International (3083.TWO)
P/E ratio as of April 2024 (TTM): -283
According to Chinese Gamer International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -283.261. At the end of 2022 the company had a P/E ratio of -204.
P/E ratio history for Chinese Gamer International from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -204 | 56.14% |
| 2021 | -131 | -102.09% |
| 2020 | > 1000 | 6382.53% |
| 2019 | 96.4 | 15.12% |
| 2018 | 83.7 | -261.03% |
| 2017 | -52.0 | 13.48% |
| 2016 | -45.8 | 294.89% |
| 2015 | -11.6 | -57.91% |
| 2014 | -27.6 | -78.83% |
| 2013 | -130 | -207.42% |
| 2012 | 121 | 506.25% |
| 2011 | 20.0 | -17.71% |
| 2010 | 24.3 |
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.