According to NIU's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -24.9071. At the end of 2022 the company had a P/E ratio of -53.9.
Year | P/E ratio | Change |
---|---|---|
2022 | -53.9 | -252.72% |
2021 | 35.3 | -58.63% |
2020 | 85.3 | 266.8% |
2019 | 23.3 | -339.86% |
2018 | -9.70 |
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.