Pintec Technology
PT
#8162
Rank
$16.74 M
Marketcap
$1.05
Share price
-2.78%
Change (1 day)
5.00%
Change (1 year)

P/E ratio for Pintec Technology (PT)

P/E ratio as of June 2024 (TTM): -0.0566

According to Pintec Technology's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0566413. 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
N/AN/A๐Ÿ‡ซ๐Ÿ‡ท France
N/AN/A๐Ÿ‡ฌ๐Ÿ‡ง UK
13.4-23,752.35%๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico
15.3-27,069.37%๐Ÿ‡ช๐Ÿ‡ธ 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.