P/E ratio for Pintec Technology (PT)
P/E ratio as of April 2024 (TTM): -0.0577
According to Pintec Technology's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0577202. At the end of 2018 the company had a P/E ratio of -20.4.
P/E ratio history for Pintec Technology from 2018 to 2019
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2018 | -20.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Orange ORAN | N/A | N/A | 🇫🇷 France |
 Vodafone VOD | N/A | N/A | 🇬🇧 UK |
 America Movil AMX | 14.1 | -24,564.40% | 🇲🇽 Mexico |
 Telefónica TEF | 14.8 | -25,715.47% | 🇪🇸 Spain |
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.