According to Baijiayun Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.266874. At the end of 2023 the company had a P/E ratio of -391.
Year | P/E ratio | Change |
---|---|---|
2023 | -391 | 655.25% |
2022 | -51.8 | -192.25% |
2021 | 56.1 | -87.47% |
2020 | 448 | 126.91% |
2019 | 197 | -362.25% |
2018 | -75.2 | 69.81% |
2017 | -44.3 | 67.54% |
2016 | -26.4 | -12.53% |
2015 | -30.2 | 28.31% |
2014 | -23.6 | -47.31% |
2013 | -44.7 | -31.54% |
2012 | -65.3 | -143.29% |
2011 | 151 | -37.04% |
2010 | 240 | -221.16% |
2009 | -198 | -257.7% |
2008 | 125 | -71.69% |
2007 | 443 | 465.74% |
2006 | 78.3 |
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.