Sunny Optical
2382.HK
#1657
Rank
ยฃ7.96 B
Marketcap
ยฃ7.33
Share price
1.27%
Change (1 day)
3.68%
Change (1 year)
Sunny Optical is a Chinese company that manufactures, and sells optical devices, including lens modules, camera modules, photoelectric vision products, microscopic, analytical and surveying instruments.

P/E ratio for Sunny Optical (2382.HK)

P/E ratio at the end of 2022: 37.4

According to Sunny Optical 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.8737. At the end of 2022 the company had a P/E ratio of 37.4.

P/E ratio history for Sunny Optical from 2007 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202237.4-15.46%
202144.339.34%
202031.8-5.01%
201933.430.78%
201825.6-18.45%
201731.421.54%
201625.821.69%
201521.29.62%
201419.346.86%
201313.214.62%
201211.567.58%
20116.86-45.93%
201012.717.29%
200910.895.24%
20085.54-49.16%
200710.9

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.