Giant Network Group
002558.SZ
#3532
Rank
$2.30 B
Marketcap
$1.15
Share price
0.37%
Change (1 day)
-27.22%
Change (1 year)

P/E ratio for Giant Network Group (002558.SZ)

P/E ratio as of December 2022 (TTM): 12.3

According to Giant Network Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.3345. At the end of 2021 the company had a P/E ratio of 21.6.

P/E ratio history for Giant Network Group from 2011 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202121.6-32.37%
202031.9-26.67%
201943.616.6%
201837.4-35.03%
201757.5-34.71%
201688.1-125.51%
2015-345-274.53%
2014198-44.16%
2013354888.54%
201235.820.8%
201129.7

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.