According to Zeal Network 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 72.2651. At the end of 2022 the company had a P/E ratio of 39.5.
Year | P/E ratio | Change |
---|---|---|
2022 | 39.5 | -51.96% |
2021 | 82.2 | -31.84% |
2020 | 121 | 321.67% |
2019 | 28.6 | 339.6% |
2018 | 6.51 | -37.7% |
2017 | 10.4 | -12.1% |
2016 | 11.9 | -94.81% |
2015 | 229 | 280.12% |
2014 | 60.2 | 55.26% |
2013 | 38.8 | 424.14% |
2012 | 7.40 | 2.86% |
2011 | 7.19 | -35.73% |
2010 | 11.2 | -13.38% |
2009 | 12.9 |
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.