According to OneConnect's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.97469. At the end of 2024 the company had a P/E ratio of -1.40.
Year | P/E ratio | Change |
---|---|---|
2024 | -1.40 | 353.47% |
2023 | -0.3095 | 176.76% |
2022 | -0.1118 | -97.63% |
2021 | -4.72 | -86.87% |
2020 | -36.0 | 149.14% |
2019 | -14.4 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() OneConnect OCFT | -4.97 | 0.00% | ๐จ๐ณ China |
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.