IGG Inc
0799.HK
#5522
Rank
$0.42 B
Marketcap
$0.35
Share price
1.85%
Change (1 day)
-63.16%
Change (1 year)

P/E ratio for IGG Inc (0799.HK)

P/E ratio as of December 2022 (TTM): 4.42

According to IGG Inc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.42439. At the end of 2021 the company had a P/E ratio of 21.1.

P/E ratio history for IGG Inc from 2014 to 2018

PE ratio at the end of each year

Year P/E ratio Change
202121.1351.8%
20204.68557.63%
20190.7110-39.42%
20181.17-0.29%
20171.18-26.47%
20161.60-16.71%
20151.92106.41%
20140.9310-90.77%
201310.1

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.