Perfect World Entertainment
002624.SZ
#3335
Rank
$3.16 B
Marketcap
$1.63
Share price
3.53%
Change (1 day)
-22.38%
Change (1 year)

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

P/E ratio as of March 2024 (TTM): 27.4

According to Perfect World Entertainment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.412. 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
202217.7-83.47%
2021107193.51%
202036.4-6.24%
201938.884.76%
201821.0-28.37%
201729.4-7.39%
201631.7-24.01%
201541.759.11%
201426.2138.03%
201311.0-76.23%
201246.3102.08%
201122.9

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.