Wayi International Digital Entertainment
3086.TWO
#6649
Rank
$57.83 M
Marketcap
$2.60
Share price
0.76%
Change (1 day)
-17.72%
Change (1 year)

P/E ratio for Wayi International Digital Entertainment (3086.TWO)

P/E ratio as of December 2022 (TTM): 18.6

According to Wayi International Digital Entertainment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.5896. At the end of 2021 the company had a P/E ratio of 27.0.

P/E ratio history for Wayi International Digital Entertainment from 2012 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202127.0-97.89%
2020> 1000-16523.1%
2019-7.79-53.8%
2018-16.9177.84%
2017-6.07183.49%
2016-2.14-62.13%
2015-5.6632.4%
2014-4.27-61.22%
2013-11.0-111.28%
201297.7534.95%
201115.4-12.46%
201017.6-85.48%
2009121

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.