According to VNET Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.17439. At the end of 2022 the company had a P/E ratio of -7.50.
Year | P/E ratio | Change |
---|---|---|
2022 | -7.50 | -144.05% |
2021 | 17.0 | -294.12% |
2020 | -8.77 | -72.94% |
2019 | -32.4 | -1.55% |
2018 | -32.9 | 392.15% |
2017 | -6.69 | 13.67% |
2016 | -5.89 | -76.91% |
2015 | -25.5 | 40.22% |
2014 | -18.2 | -89.35% |
2013 | -171 | -355.3% |
2012 | 66.9 | -257.38% |
2011 | -42.5 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Equinix EQIX | 75.0 | -2,461.64% | ๐บ๐ธ USA |
Baidu BIDU | 18.0 | -667.95% | ๐จ๐ณ China |
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.