Zengame Technology
2660.HK
#6042
Rank
$0.22 B
Marketcap
$0.22
Share price
-0.59%
Change (1 day)
37.50%
Change (1 year)

P/E ratio for Zengame Technology (2660.HK)

P/E ratio at the end of 2021: 2.00

According to Zengame Technology's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.83548. At the end of 2021 the company had a P/E ratio of 2.00.

P/E ratio history for Zengame Technology from 2019 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20212.00-52.42%
20204.2111.2%
20193.79

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.