Weibo
WB
#4162
Rank
HK$16.89 B
Marketcap
HK$69.54
Share price
-2.67%
Change (1 day)
-27.03%
Change (1 year)
Sina Weibo is the Chinese company behind the Chinese microblogging website www.weibo.com

P/E ratio for Weibo (WB)

P/E ratio as of November 2024 (TTM): 6.78

According to Weibo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.78409. At the end of 2022 the company had a P/E ratio of 51.7.

P/E ratio history for Weibo from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202251.7211.92%
202116.6-43.82%
202029.539.97%
201921.1-8.05%
201822.9-64.79%
201765.1-19.87%
201681.2-29.21%
2015115-363.16%
2014-43.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
14.7 116.31%๐Ÿ‡บ๐Ÿ‡ธ USA
-6.14-190.48%๐Ÿ‡จ๐Ÿ‡ณ China
1.08-84.10%๐Ÿ‡จ๐Ÿ‡ณ China
13.2 94.80%๐Ÿ‡จ๐Ÿ‡ณ China

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.