Netcompany Group
NETC.CO
#3961
Rank
HK$19.02 B
Marketcap
HK$401.60
Share price
0.33%
Change (1 day)
57.50%
Change (1 year)

P/E ratio for Netcompany Group (NETC.CO)

P/E ratio as of December 2024 (TTM): 38.9

According to Netcompany Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.871. At the end of 2022 the company had a P/E ratio of 24.0.

P/E ratio history for Netcompany Group from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202224.0-60.11%
202160.1-36.56%
202094.7136.42%
201940.1-34.69%
201861.4

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.