P/E ratio for Pintec Technology (PT)
P/E ratio as of March 2023 (TTM): -0.3499
According to Pintec Technology's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.349868. At the end of 2021 the company had a P/E ratio of -0.2670.
P/E ratio history for Pintec Technology from 2018 to 2018
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -0.2670 | -70.14% |
| 2020 | -0.8941 | 47.48% |
| 2019 | -0.6062 | -98.4% |
| 2018 | -37.8 |
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 | 6.92 | -2,076.80% | 🇲🇽 Mexico |
 Telefónica TEF | 44.0 | -12,679.34% | 🇪🇸 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.