Kuke Music Holding
KUKE
#9695
Rank
HK$0.13 B
Marketcap
HK$2.67
Share price
-3.57%
Change (1 day)
-67.34%
Change (1 year)
Categories

P/E ratio for Kuke Music Holding (KUKE)

P/E ratio as of November 2024 (TTM): 25.7

According to Kuke Music Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.7136. At the end of 2021 the company had a P/E ratio of -14.0.

P/E ratio history for Kuke Music Holding from 2020 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2021-14.0-96.04%
2020-353

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-0.2165-100.84%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.