360 DigiTech
QFIN
#2762
Rank
$4.85 B
Marketcap
$30.86
Share price
5.07%
Change (1 day)
95.07%
Change (1 year)

P/E ratio for 360 DigiTech (QFIN)

P/E ratio as of November 2024 (TTM): 8.84

According to 360 DigiTech's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.83754. At the end of 2022 the company had a P/E ratio of 5.32.

P/E ratio history for 360 DigiTech from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.3234.97%
20213.9414.69%
20203.44-11.79%
20193.90-148.02%
2018-8.11

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
8.84 0.00%๐Ÿ‡จ๐Ÿ‡ณ China
-79.6-1,000.57%๐Ÿ‡บ๐Ÿ‡ธ 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.