P/E ratio for Giant Network Group (002558.SZ)
P/E ratio as of April 2024 (TTM): 22.6
According to Giant Network Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.5526. At the end of 2022 the company had a P/E ratio of 17.3.
P/E ratio history for Giant Network Group from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.3 | -23.38% |
| 2021 | 22.6 | -31.33% |
| 2020 | 32.9 | -25.34% |
| 2019 | 44.0 | 17.91% |
| 2018 | 37.4 | -36.04% |
| 2017 | 58.4 | -32.12% |
| 2016 | 86.0 | -47.28% |
| 2015 | 163 | -17.48% |
| 2014 | 198 | -59.75% |
| 2013 | 492 | 1416.8% |
| 2012 | 32.4 | 6.43% |
| 2011 | 30.4 |
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.