Seres Group
601127.SS
#1025
Rank
$19.03 B
Marketcap
$12.61
Share price
-9.26%
Change (1 day)
50.13%
Change (1 year)

P/E ratio for Seres Group (601127.SS)

P/E ratio as of October 2024 (TTM): -35.1

According to Seres Group 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -35.0604. At the end of 2022 the company had a P/E ratio of -14.9.

P/E ratio history for Seres Group from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-14.9-65.42%
2021-43.2284.02%
2020-11.2-106.9%
2019163-2.48%
2018167572.65%
201724.8-41.51%
201642.4

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.