Kunlun Tech
300418.SZ
#3511
Rank
$2.29 B
Marketcap
$1.95
Share price
-1.13%
Change (1 day)
-42.65%
Change (1 year)

P/E ratio for Kunlun Tech (300418.SZ)

P/E ratio as of November 2022 (TTM): 9.07

According to Kunlun Tech's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.06939. At the end of 2021 the company had a P/E ratio of 17.8.

P/E ratio history for Kunlun Tech from 2015 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202117.8292.54%
20204.53-69.81%
201915.02.33%
201814.7-36.57%
201723.1-49.71%
201646.0-60.86%
2015117

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.