Viomi Technology
VIOT
#7826
Rank
$36.84 M
Marketcap
$0.54
Share price
-1.06%
Change (1 day)
-42.55%
Change (1 year)

P/E ratio for Viomi Technology (VIOT)

P/E ratio as of March 2024 (TTM): -0.9304

According to Viomi Technology's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.930402. At the end of 2021 the company had a P/E ratio of 12.2.

P/E ratio history for Viomi Technology from 2018 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202112.2-10.58%
202013.63.31%
201913.2-235.63%
2018-9.73

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-0.9304 0.00%๐Ÿ‡จ๐Ÿ‡ณ China
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA

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.