Shen Zhen Shengxunda Technology (gamexun)
300518.SZ
#7514
Rank
NZ$0.39 B
Marketcap
$1.95
Share price
-2.51%
Change (1 day)
-52.89%
Change (1 year)

P/E ratio for Shen Zhen Shengxunda Technology (gamexun) (300518.SZ)

P/E ratio as of September 2024 (TTM): 30.0

According to Shen Zhen Shengxunda Technology (gamexun)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.047. At the end of 2022 the company had a P/E ratio of 96.9.

P/E ratio history for Shen Zhen Shengxunda Technology (gamexun) from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202296.9346.14%
202121.7-5.38%
202023.0-304.54%
2019-11.2-105.42%
2018207169.5%
201776.9-15.48%
201691.0

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.