P/E ratio for Gameone (8282.HK)
P/E ratio as of April 2024 (TTM): -6.78
According to Gameone's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.77891. At the end of 2022 the company had a P/E ratio of -3.42.
P/E ratio history for Gameone from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -3.42 | -102.45% |
| 2021 | 140 | -2445.04% |
| 2020 | -5.95 | -114.68% |
| 2019 | 40.5 | -1196.15% |
| 2018 | -3.70 | -67.96% |
| 2017 | -11.5 | -32.39% |
| 2016 | -17.1 |
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.