P/E ratio for momo.com Inc. (8454.TW)
P/E ratio as of April 2024 (TTM): 28.8
According to momo.com Inc.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 28.7923. At the end of 2022 the company had a P/E ratio of 44.9.
P/E ratio history for momo.com Inc. from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 44.9 | -54.34% |
| 2021 | 98.4 | 88.3% |
| 2020 | 52.3 | 66.86% |
| 2019 | 31.3 | 60.88% |
| 2018 | 19.5 | -24.45% |
| 2017 | 25.8 | 4.45% |
| 2016 | 24.7 | -19.56% |
| 2015 | 30.7 | -22.5% |
| 2014 | 39.6 |
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.