Zhejiang Jinke Tom Culture Industry
300459.SZ
#3975
Rank
$1.64 B
Marketcap
$0.47
Share price
0.30%
Change (1 day)
-33.80%
Change (1 year)

P/E ratio for Zhejiang Jinke Tom Culture Industry (300459.SZ)

P/E ratio as of December 2022 (TTM): 14.7

According to Zhejiang Jinke Tom Culture Industry's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.6514. At the end of 2021 the company had a P/E ratio of 27.6.

P/E ratio history for Zhejiang Jinke Tom Culture Industry from 2015 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202127.684.25%
202015.0-473.81%
2019-4.00-124.19%
201816.5-62.86%
201744.5-50.85%
201690.6-7.47%
201597.9

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.