P/E ratio for East Money Information (300059.SZ)
P/E ratio as of April 2024 (TTM): 23.2
According to East Money Information's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.2139. At the end of 2022 the company had a P/E ratio of 35.8.
P/E ratio history for East Money Information from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 35.8 | -22.5% |
| 2021 | 46.2 | -21.63% |
| 2020 | 59.0 | -5.01% |
| 2019 | 62.1 | -11.76% |
| 2018 | 70.4 | -25.46% |
| 2017 | 94.4 | 5.53% |
| 2016 | 89.4 | 47.83% |
| 2015 | 60.5 | -74.34% |
| 2014 | 236 | -87.59% |
| 2013 | > 1000 | 1871.08% |
| 2012 | 96.4 | 94.93% |
| 2011 | 49.4 | -57.45% |
| 2010 | 116 |
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.