Tianyu Digital Technology (Dalian)
002354.SZ
#4685
Rank
$1.18 B
Marketcap
$0.72
Share price
2.96%
Change (1 day)
38.46%
Change (1 year)

P/E ratio for Tianyu Digital Technology (Dalian) (002354.SZ)

P/E ratio as of September 2023 (TTM): -32.4

According to Tianyu Digital Technology (Dalian)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -32.4275. At the end of 2021 the company had a P/E ratio of 206.

P/E ratio history for Tianyu Digital Technology (Dalian) from 2010 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021206607.94%
202029.1-1404.17%
2019-2.23225.13%
2018-0.6870-104.72%
201714.6-60.62%
201637.0-41.03%
201562.765.79%
201437.8-71.21%
2013131205.31%
201243.025.28%
201134.4-78.05%
2010157

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.