P/E ratio for Hikvision (002415.SZ)
P/E ratio as of April 2024 (TTM): 22.8
According to Hikvision 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.8301. At the end of 2022 the company had a P/E ratio of 25.3.
P/E ratio history for Hikvision from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 25.3 | -12.43% |
| 2021 | 28.9 | -14.55% |
| 2020 | 33.8 | 37.11% |
| 2019 | 24.7 | 19.27% |
| 2018 | 20.7 | -45.32% |
| 2017 | 37.8 | 94.94% |
| 2016 | 19.4 | -17.31% |
| 2015 | 23.5 | 22.73% |
| 2014 | 19.1 | -36.35% |
| 2013 | 30.0 | 2.47% |
| 2012 | 29.3 | 0.9% |
| 2011 | 29.1 | -32.9% |
| 2010 | 43.3 |
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.