P/E ratio for X-Legend Entertainment (4994.TW)
P/E ratio as of April 2024 (TTM): 74.4
According to X-Legend Entertainment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 74.4402. At the end of 2022 the company had a P/E ratio of 47.2.
P/E ratio history for X-Legend Entertainment from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 47.2 | 45.45% |
| 2021 | 32.4 | 137.54% |
| 2020 | 13.7 | 4.69% |
| 2019 | 13.0 | -177.21% |
| 2018 | -16.9 | 18.63% |
| 2017 | -14.2 | -67.41% |
| 2016 | -43.7 | -125.99% |
| 2015 | 168 | 507.99% |
| 2014 | 27.7 | 12.08% |
| 2013 | 24.7 | 72.19% |
| 2012 | 14.3 | 51.74% |
| 2011 | 9.45 |
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.