Bitcoin Group
ADE.DE
#7724
Rank
HK$2.04 B
Marketcap
HK$409.90
Share price
-0.20%
Change (1 day)
31.48%
Change (1 year)

P/E ratio for Bitcoin Group (ADE.DE)

P/E ratio at the end of 2022: -34.4

According to Bitcoin Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -102.508. At the end of 2022 the company had a P/E ratio of -34.4.

P/E ratio history for Bitcoin Group from 2017 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-34.4-355.69%
202113.5-56.13%
202030.7-41%
201952.0-11.76%
201858.967.4%
201735.2

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.