According to Offcn Education 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -30.7143. At the end of 2022 the company had a P/E ratio of -25.7.
Year | P/E ratio | Change |
---|---|---|
2022 | -25.7 | 26.74% |
2021 | -20.3 | -121.38% |
2020 | 94.9 | 54% |
2019 | 61.7 | 85.05% |
2018 | 33.3 | 455.81% |
2017 | 5.99 | -91.75% |
2016 | 72.6 | -80.96% |
2015 | 381 | -1036.54% |
2014 | -40.7 | -222.19% |
2013 | 33.3 | 64.88% |
2012 | 20.2 | -11.45% |
2011 | 22.8 |
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.