P/E ratio for Perfect World Entertainment (002624.SZ)
P/E ratio as of April 2024 (TTM): 22.9
According to Perfect World Entertainment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 22.8714. At the end of 2022 the company had a P/E ratio of 17.7.
P/E ratio history for Perfect World Entertainment from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 17.7 | -83.47% |
| 2021 | 107 | 193.51% |
| 2020 | 36.4 | -6.24% |
| 2019 | 38.8 | 84.76% |
| 2018 | 21.0 | -28.37% |
| 2017 | 29.4 | -7.39% |
| 2016 | 31.7 | -24.01% |
| 2015 | 41.7 | 59.11% |
| 2014 | 26.2 | 138.03% |
| 2013 | 11.0 | -76.23% |
| 2012 | 46.3 | 102.08% |
| 2011 | 22.9 |
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.