P/E ratio for Zoomlion (1157.HK)
P/E ratio as of May 2024 (TTM): 19.5
According to Zoomlion's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.5215. At the end of 2022 the company had a P/E ratio of 11.6.
P/E ratio history for Zoomlion from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 11.6 | 115.97% |
| 2021 | 5.38 | -36.16% |
| 2020 | 8.43 | -15.51% |
| 2019 | 9.98 | 7.67% |
| 2018 | 9.27 | -45.75% |
| 2017 | 17.1 | -171.28% |
| 2016 | -24.0 | -107.5% |
| 2015 | 320 | 441.09% |
| 2014 | 59.1 | 415.87% |
| 2013 | 11.5 | 16.93% |
| 2012 | 9.80 | |
| 2010 | 15.4 |
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.