Zengame Technology
2660.HK
#6108
Rank
$0.46 B
Marketcap
$0.45
Share price
6.02%
Change (1 day)
7.14%
Change (1 year)

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

P/E ratio at the end of 2022: 16.9

According to Zengame Technology's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.53743. At the end of 2022 the company had a P/E ratio of 16.9.

P/E ratio history for Zengame Technology from 2019 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202216.97.73%
202115.7-52.42%
202033.011.2%
201929.7

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.