Perfect World Entertainment
002624.SZ
#2769
Rank
$3.81 B
Marketcap
$1.96
Share price
0.36%
Change (1 day)
-35.10%
Change (1 year)

P/E ratio for Perfect World Entertainment (002624.SZ)

P/E ratio as of December 2022 (TTM): 10.2

According to Perfect World Entertainment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.2075. At the end of 2021 the company had a P/E ratio of 107.

P/E ratio history for Perfect World Entertainment from 2012 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021107189.07%
202036.9-2.64%
201937.980.22%
201821.0-28.37%
201729.4-5.42%
201631.0-12.94%
201535.637.57%
201425.9-71.29%
201390.395.07%
201246.395.41%
201123.7

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.