Jingdong Mall
JD
#419
Rank
$41.91 B
Marketcap
$26.59
Share price
-2.10%
Change (1 day)
-55.07%
Change (1 year)

P/E ratio for Jingdong Mall (JD)

P/E ratio as of December 2023 (TTM): 13.5

According to Jingdong Mall's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.4755. At the end of 2022 the company had a P/E ratio of 60.2.

P/E ratio history for Jingdong Mall from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202260.2-131.4%
2021-192-622.28%
202036.7-36.01%
201957.3-133.37%
2018-172-96.45%
2017< -10003716.21%
2016-127109.56%
2015-60.5196.39%
2014-20.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.5 15.28%๐Ÿ‡จ๐Ÿ‡ณ China
-4.19-131.10%๐Ÿ‡จ๐Ÿ‡ณ China
8.00-40.60%๐Ÿ‡จ๐Ÿ‡ณ China
-45.7-438.78%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.