According to Dai-Dan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.0898. At the end of 2024 the company had a P/E ratio of 11.4.
Year | P/E ratio | Change |
---|---|---|
2024 | 11.4 | 50.48% |
2023 | 7.59 | -3.17% |
2022 | 7.84 | -24.46% |
2021 | 10.4 | 0.1% |
2020 | 10.4 | -4.91% |
2019 | 10.9 | 6.47% |
2018 | 10.2 | -0.73% |
2017 | 10.3 | 31.37% |
2016 | 7.85 | -38.7% |
2015 | 12.8 | -12.78% |
2014 | 14.7 | 5.66% |
2013 | 13.9 | -28.97% |
2012 | 19.6 | -47.89% |
2011 | 37.5 | 62.5% |
2010 | 23.1 | -47.66% |
2009 | 44.1 | -43.79% |
2008 | 78.5 |
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.