P/E ratio for 7Road (0797.HK)
P/E ratio at the end of 2021: 53.5
According to 7Road's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.84717. At the end of 2021 the company had a P/E ratio of 53.5.
P/E ratio history for 7Road from 2018 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 53.5 | -17.34% |
| 2020 | 64.8 | -88.21% |
| 2019 | 550 | -2074.38% |
| 2018 | -27.8 |
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.