Giant Network Group
002558.SZ
#3340
Rank
$3.46 B
Marketcap
$1.79
Share price
-0.77%
Change (1 day)
0.06%
Change (1 year)

P/E ratio for Giant Network Group (002558.SZ)

P/E ratio as of November 2024 (TTM): 27.5

According to Giant Network Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.461. At the end of 2022 the company had a P/E ratio of 17.3.

P/E ratio history for Giant Network Group from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.3-23.38%
202122.6-31.33%
202032.9-25.34%
201944.017.91%
201837.4-36.04%
201758.4-32.12%
201686.0-47.28%
2015163-17.48%
2014198-59.75%
20134921416.8%
201232.46.43%
201130.4

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.