Hangzhou Shunwang Technology
300113.SZ
#4563
Rank
$1.12 B
Marketcap
$1.62
Share price
0.46%
Change (1 day)
-24.30%
Change (1 year)

P/E ratio for Hangzhou Shunwang Technology (300113.SZ)

P/E ratio as of January 2023 (TTM): 45.3

According to Hangzhou Shunwang Technology's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 45.2577. At the end of 2021 the company had a P/E ratio of 180.

P/E ratio history for Hangzhou Shunwang Technology from 2011 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202118044.62%
2020125-36.62%
2019197614.67%
201827.511.44%
201724.7-30.14%
201635.4-68.05%
2015111195.73%
201437.4-41.94%
201364.574.96%
201236.9-28.37%
201151.5-32.53%
201076.3

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.