Zhejiang Jinke Tom Culture Industry
300459.SZ
#3605
Rank
NZ$5.17 B
Marketcap
$1.47
Share price
-4.45%
Change (1 day)
18.08%
Change (1 year)

P/E ratio for Zhejiang Jinke Tom Culture Industry (300459.SZ)

P/E ratio as of November 2024 (TTM): 53.8

According to Zhejiang Jinke Tom Culture Industry's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 53.8006. At the end of 2022 the company had a P/E ratio of 24.2.

P/E ratio history for Zhejiang Jinke Tom Culture Industry from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202224.2-12.68%
202127.887.12%
202014.8-466.11%
2019-4.05-124.6%
201816.5-63.01%
201744.5-50.16%
201689.341.66%
201563.1

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.