Zoom
ZM
#802
Rank
HK$194.51 B
Marketcap
HK$631.98
Share price
2.97%
Change (1 day)
22.88%
Change (1 year)

P/E ratio for Zoom (ZM)

P/E ratio as of November 2024 (TTM): 177

According to Zoom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 176.587. At the end of 2022 the company had a P/E ratio of 29.1.

P/E ratio history for Zoom from 2019 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202229.1-38.51%
202147.3-78.7%
2020222-74.04%
2019855

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-46.2-126.15%๐Ÿ‡บ๐Ÿ‡ธ USA

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.