P/E ratio for Hangzhou Shunwang Technology (300113.SZ)
P/E ratio as of June 2023 (TTM): 75.7
According to Hangzhou Shunwang Technology's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 75.7089. 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 |
|---|---|---|
| 2021 | 180 | 44.62% |
| 2020 | 125 | -36.62% |
| 2019 | 197 | 614.67% |
| 2018 | 27.5 | 11.44% |
| 2017 | 24.7 | -30.14% |
| 2016 | 35.4 | -68.05% |
| 2015 | 111 | 195.73% |
| 2014 | 37.4 | -41.94% |
| 2013 | 64.5 | 74.96% |
| 2012 | 36.9 | -28.37% |
| 2011 | 51.5 | -32.53% |
| 2010 | 76.3 |
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.