iEntertainment Network
IENT
#10022
Rank
HK$15.28 M
Marketcap
HK$0.12
Share price
0.00%
Change (1 day)
49.58%
Change (1 year)

P/E ratio for iEntertainment Network (IENT)

P/E ratio as of November 2024 (TTM): -0.2143

According to iEntertainment Network's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.214286. At the end of 2001 the company had a P/E ratio of -0.6250.

P/E ratio history for iEntertainment Network from 2001 to 2002

PE ratio at the end of each year

Year P/E ratio Change
2001-0.6250

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-46.2 21,451.20%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.