P/E ratio for Ourgame International (6899.HK)
P/E ratio at the end of 2021: 13.3
According to Ourgame International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.07737. At the end of 2021 the company had a P/E ratio of 13.3.
P/E ratio history for Ourgame International from 2014 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 13.3 | -652.3% |
| 2020 | -2.41 | 164.45% |
| 2019 | -0.9104 | -25.57% |
| 2018 | -1.22 | -98.29% |
| 2017 | -71.4 | -580.85% |
| 2016 | 14.8 | -53.54% |
| 2015 | 31.9 | 152.49% |
| 2014 | 12.6 |
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.