P/E ratio for Yadea Group (1585.HK)
P/E ratio at the end of 2021: 25.1
According to Yadea Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.4713. At the end of 2021 the company had a P/E ratio of 25.1.
P/E ratio history for Yadea Group from 2016 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 25.1 | -33.28% |
| 2020 | 37.6 | 250.69% |
| 2019 | 10.7 | -39.53% |
| 2018 | 17.7 | 7.24% |
| 2017 | 16.5 | 76.2% |
| 2016 | 9.38 |
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.