P/E ratio for Kingsoft (3888.HK)
P/E ratio as of April 2024 (TTM): 151
According to Kingsoft's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 151.381. At the end of 2019 the company had a P/E ratio of -16.4.
P/E ratio history for Kingsoft from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2019 | -16.4 | -149.75% |
| 2018 | 32.9 | 268.96% |
| 2017 | 8.92 | -114.91% |
| 2016 | -59.8 | -216.29% |
| 2015 | 51.4 | 176.57% |
| 2014 | 18.6 | -53.24% |
| 2013 | 39.8 |
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.