ZK International Group
ZKIN
#10076
Rank
S$33.57 M
Marketcap
S$2.12
Share price
2.45%
Change (1 day)
-47.60%
Change (1 year)

P/E ratio for ZK International Group (ZKIN)

P/E ratio at the end of 2023: -0.0519

According to ZK International Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.120029. At the end of 2023 the company had a P/E ratio of -0.0519.

P/E ratio history for ZK International Group from 2017 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-0.0519-91.22%
2022-0.5912-74.88%
2021-2.35-36.65%
2020-3.71-1207.83%
20190.3353-61.86%
20180.8791-60.3%
20172.21

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
ZK International Group
ZKIN
-0.1200 0.00%๐Ÿ‡จ๐Ÿ‡ณ China
Advanced Drainage Systems
WMS
26.4-22,112.35%๐Ÿ‡บ๐Ÿ‡ธ USA

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.