JD Health
6618.HK
#1433
Rank
โ‚น1.031 T
Marketcap
โ‚น322.45
Share price
0.34%
Change (1 day)
-18.37%
Change (1 year)

P/E ratio for JD Health (6618.HK)

P/E ratio at the end of 2021: -139

According to JD Health 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -68.9178. At the end of 2021 the company had a P/E ratio of -139.

P/E ratio history for JD Health from 2020 to 2021

PE ratio at the end of each year

Year P/E ratio Change
2021-139750.95%
2020-16.3

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.