P/E ratio for The9 (NCTY)
P/E ratio as of July 2025 (TTM): -0.0115
According to The9's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0115236. At the end of 2024 the company had a P/E ratio of -7.53.
P/E ratio history for The9 from 2005 to 2013
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | -7.53 | -185.3% |
| 2023 | 8.82 | -9257.89% |
| 2022 | -0.0964 | -94.6% |
| 2021 | -1.78 | -680.54% |
| 2020 | 0.3072 | -125.67% |
| 2019 | -1.20 | 110.35% |
| 2018 | -0.5690 | -28.4% |
| 2017 | -0.7946 | 159.44% |
| 2016 | -0.3063 | -74.61% |
| 2015 | -1.21 | -43.74% |
| 2014 | -2.14 | 272.46% |
| 2013 | -0.5756 | -34.78% |
| 2012 | -0.8826 | -77.53% |
| 2011 | -3.93 | 73.54% |
| 2010 | -2.26 | -26.11% |
| 2009 | -3.06 | -141.39% |
| 2008 | 7.40 | -58.81% |
| 2007 | 18.0 | -8.76% |
| 2006 | 19.7 | -52.08% |
| 2005 | 41.1 | -75.86% |
| 2004 | 170 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 NetEase NTES | 18.3 | -158,598.21% | 🇨🇳 China |
 GigaMedia GIGM | -7.55 | 65,436.03% | 🇹🇼 Taiwan |
 International Game Technology IGT | 11.2 | -96,923.04% | 🇬🇧 UK |
 OpenText OTEX | 16.8 | -146,211.46% | 🇨🇦 Canada |
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.