P/E ratio for Estun Automation (002747.SZ)
P/E ratio as of May 2024 (TTM): 86.4
According to Estun Automation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 86.4257. At the end of 2022 the company had a P/E ratio of 114.
P/E ratio history for Estun Automation from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 114 | -38.44% |
| 2021 | 185 | -8.88% |
| 2020 | 203 | 48.31% |
| 2019 | 137 | 110.75% |
| 2018 | 65.1 | -35.63% |
| 2017 | 101 | -16.33% |
| 2016 | 121 | -22.75% |
| 2015 | 156 |
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.