P/E ratio for Bosideng (3998.HK)
P/E ratio at the end of 2023: 19.4
According to Bosideng's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2023 the company had a P/E ratio of 19.4.
P/E ratio history for Bosideng from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 19.4 | 6.93% |
| 2022 | 18.1 | -31.98% |
| 2021 | 26.7 | 63.05% |
| 2020 | 16.3 | -46.05% |
| 2019 | 30.3 | 104.61% |
| 2018 | 14.8 | -4.72% |
| 2017 | 15.5 | 0.23% |
| 2016 | 15.5 | -96.65% |
| 2015 | 462 | 3814.21% |
| 2014 | 11.8 | 9.55% |
| 2013 | 10.8 | 10.62% |
| 2012 | 9.75 | 35.88% |
| 2011 | 7.17 | -62.74% |
| 2010 | 19.3 | 273.02% |
| 2009 | 5.16 | -30.54% |
| 2008 | 7.43 |
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.