Tianyu Digital Technology (Dalian)
002354.SZ
#4651
Rank
S$2.22 B
Marketcap
$1.34
Share price
-9.95%
Change (1 day)
10.19%
Change (1 year)

P/E ratio for Tianyu Digital Technology (Dalian) (002354.SZ)

P/E ratio as of December 2024 (TTM): -44.7

According to Tianyu Digital Technology (Dalian)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -44.6937. At the end of 2022 the company had a P/E ratio of -22.9.

P/E ratio history for Tianyu Digital Technology (Dalian) from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-22.9-110.1%
2021227-108.28%
2020< -1000122973.83%
2019-2.23224%
2018-0.6870-104.7%
201714.6-76.12%
201661.21.98%
201560.061.27%
201437.235.72%
201327.4-39.85%
201245.628.32%
201135.5-77.8%
2010160

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.