Midea
000333.SZ
#244
Rank
$80.24 B
Marketcap
$10.63
Share price
1.03%
Change (1 day)
5.65%
Change (1 year)

P/E ratio for Midea (000333.SZ)

P/E ratio as of May 2025 (TTM): 16.0

According to Midea's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.0432. At the end of 2023 the company had a P/E ratio of 11.1.

P/E ratio history for Midea from 2014 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202311.1-7.16%
202211.9-32.71%
202117.7-27.38%
202024.450.99%
201916.236.72%
201811.8-43.22%
201720.869.4%
201612.310.39%
201511.13.38%
201410.8-5.82%
201311.4

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.