Hangzhou Electronic Soul Network Technology
603258.SS
#5003
Rank
$0.73 B
Marketcap
$2.99
Share price
-0.14%
Change (1 day)
-32.66%
Change (1 year)

P/E ratio for Hangzhou Electronic Soul Network Technology (603258.SS)

P/E ratio as of December 2022 (TTM): 13.0

According to Hangzhou Electronic Soul Network Technology's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.9774. At the end of 2021 the company had a P/E ratio of 20.7.

P/E ratio history for Hangzhou Electronic Soul Network Technology from 2017 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202120.79.04%
202019.0-24.32%
201925.1-18.62%
201830.9-34.4%
201747.16.48%
201644.2

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.