ATA Creativity Global
AACG
#9508
Rank
โ‚น2.65 B
Marketcap
โ‚น84.41
Share price
-1.00%
Change (1 day)
11.32%
Change (1 year)
Categories

P/E ratio for ATA Creativity Global (AACG)

P/E ratio as of November 2024 (TTM): -5.08

According to ATA Creativity Global's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.08437. At the end of 2022 the company had a P/E ratio of -5.57.

P/E ratio history for ATA Creativity Global from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-5.57-7.38%
2021-6.02132.21%
2020-2.5931.35%
2019-1.97-1227.55%
20180.1749-100.78%
2017-22.3-197.85%
201622.8-39.22%
201537.542.27%
201426.459.13%
201316.6-46.7%
201231.126.5%
201124.6-152.16%
2010-47.1-192.55%
200950.913.09%
200845.0

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
12.6-347.68%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.