P/E ratio for Haier Smart Home (600690.SS)
P/E ratio as of April 2024 (TTM): 16.6
According to Haier Smart Home's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.6008. At the end of 2022 the company had a P/E ratio of 15.5.
P/E ratio history for Haier Smart Home from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.5 | -26.97% |
| 2021 | 21.2 | -2.75% |
| 2020 | 21.8 | 43.76% |
| 2019 | 15.2 | 36.39% |
| 2018 | 11.1 | -26.95% |
| 2017 | 15.2 | 27.38% |
| 2016 | 11.9 | -14.98% |
| 2015 | 14.1 | 41.27% |
| 2014 | 9.95 | -21.76% |
| 2013 | 12.7 | 15.55% |
| 2012 | 11.0 | 23.45% |
| 2011 | 8.91 | -47.14% |
| 2010 | 16.9 | -29.6% |
| 2009 | 24.0 | 52.93% |
| 2008 | 15.7 | -68.65% |
| 2007 | 50.0 | 124.87% |
| 2006 | 22.2 | 8.3% |
| 2005 | 20.5 | 22.99% |
| 2004 | 16.7 | -9.87% |
| 2003 | 18.5 | -0.84% |
| 2002 | 18.7 |
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.