P/E ratio for The9 (NCTY)
P/E ratio as of April 2025 (TTM): -0.0119
According to The9's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0119255. At the end of 2008 the company had a P/E ratio of 9.53.
P/E ratio history for The9 from 2004 to 2013
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2008 | 9.53 | -63.35% |
| 2007 | 26.0 | -9.81% |
| 2006 | 28.8 | -80.51% |
| 2005 | 148 | -34.36% |
| 2004 | 225 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 17.6 | -147,708.07% | 🇨🇳 China |
 | -12.0 | 100,771.24% | 🇹🇼 Taiwan |
 | 31.2 | -261,938.08% | 🇬🇧 UK |
 | 44.6 | -373,987.89% | 🇨🇦 Canada |
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.