P/E ratio for Tianyu Digital Technology (Dalian) (002354.SZ)
P/E ratio as of April 2024 (TTM): -25.2
According to Tianyu Digital Technology (Dalian)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -25.2214. 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% |
| 2021 | 227 | -108.28% |
| 2020 | < -1000 | 122973.83% |
| 2019 | -2.23 | 224% |
| 2018 | -0.6870 | -104.7% |
| 2017 | 14.6 | -76.12% |
| 2016 | 61.2 | 1.98% |
| 2015 | 60.0 | 61.27% |
| 2014 | 37.2 | 35.72% |
| 2013 | 27.4 | -39.85% |
| 2012 | 45.6 | 28.32% |
| 2011 | 35.5 | -77.8% |
| 2010 | 160 |
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.