P/E ratio for ZK International Group (ZKIN)
P/E ratio at the end of 2021: -16.5
According to ZK International Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.67176. At the end of 2021 the company had a P/E ratio of -16.5.
P/E ratio history for ZK International Group from 2017 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -16.5 | -36.65% |
| 2020 | -26.0 | -1207.83% |
| 2019 | 2.35 | -61.86% |
| 2018 | 6.15 | -60.3% |
| 2017 | 15.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 ZK International Group ZKIN | -3.67 | 0.00% | 🇨🇳 China |
 Advanced Drainage Systems
WMS | 27.1 | -837.88% | 🇺🇸 USA |
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.