P/E ratio for GDS Holdings (GDS)
P/E ratio as of May 2024 (TTM): -8.91
According to GDS Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -8.90861. At the end of 2022 the company had a P/E ratio of -16.7.
P/E ratio history for GDS Holdings from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -16.7 | -60.55% |
| 2021 | -42.3 | -69.1% |
| 2020 | -137 | 41.72% |
| 2019 | -96.7 | 115.57% |
| 2018 | -44.9 | 0.33% |
| 2017 | -44.7 | 192.64% |
| 2016 | -15.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 GDS Holdings GDS | -8.91 | 0.00% | 🇨🇳 China |
 American Virtual Cloud
AVCT | -0.0280 | -99.69% | 🇺🇸 USA |
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.