Tuniu Corporation
TOUR
#7366
Rank
$0.10 B
Marketcap
$0.88
Share price
4.08%
Change (1 day)
-39.86%
Change (1 year)

P/E ratio for Tuniu Corporation (TOUR)

P/E ratio as of May 2024 (TTM): -22.6

According to Tuniu Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -22.5962. At the end of 2022 the company had a P/E ratio of -6.46.

P/E ratio history for Tuniu Corporation from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-6.461.77%
2021-6.34470.06%
2020-1.11-63.7%
2019-3.07-85.8%
2018-21.6155.28%
2017-8.46180.25%
2016-3.02-48.71%
2015-5.89-32.15%
2014-8.67

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.