P/E ratio for Shenzhen Zqgame (300052.SZ)
P/E ratio as of April 2024 (TTM): -53.2
According to Shenzhen Zqgame's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -53.1909. At the end of 2022 the company had a P/E ratio of -94.5.
P/E ratio history for Shenzhen Zqgame from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -94.5 | -56.6% |
| 2021 | -218 | 1184.5% |
| 2020 | -17.0 | -118.59% |
| 2019 | 91.2 | 27.27% |
| 2018 | 71.6 | 0.55% |
| 2017 | 71.3 | -142.72% |
| 2016 | -167 | -243.82% |
| 2015 | 116 | -151.28% |
| 2014 | -226 | -284.9% |
| 2013 | 122 | 56.54% |
| 2012 | 78.1 | -31.58% |
| 2011 | 114 | 58.51% |
| 2010 | 72.0 |
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.