Shenzhen Bingchuan Network
300533.SZ
#5237
Rank
$0.58 B
Marketcap
$3.81
Share price
1.32%
Change (1 day)
30.03%
Change (1 year)

P/E ratio for Shenzhen Bingchuan Network (300533.SZ)

P/E ratio as of December 2022 (TTM): 13.9

According to Shenzhen Bingchuan Network's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.9392. At the end of 2021 the company had a P/E ratio of -47.3.

P/E ratio history for Shenzhen Bingchuan Network from 2016 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-47.3-212.51%
202042.150.08%
201928.0-12.95%
201832.2-38.31%
201752.2-18.32%
201663.9

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.