Forgame
0484.HK
#9656
Rank
HK$0.11 B
Marketcap
HK$0.79
Share price
0.00%
Change (1 day)
-8.16%
Change (1 year)

P/E ratio for Forgame (0484.HK)

P/E ratio at the end of 2021: 8.61

According to Forgame's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.3977. At the end of 2021 the company had a P/E ratio of 8.61.

P/E ratio history for Forgame from 2013 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20218.61-264.13%
2020-5.24152.52%
2019-2.084.16%
2018-1.99-111.78%
201716.9-743.42%
2016-2.63-77.02%
2015-11.4-69.43%
2014-37.4807.85%
2013-4.12

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.