JD Logistics
2618.HK
#1434
Rank
$12.22 B
Marketcap
$1.85
Share price
-0.55%
Change (1 day)
43.03%
Change (1 year)

P/E ratio for JD Logistics (2618.HK)

P/E ratio as of November 2024 (TTM): 185

According to JD Logistics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 184.747. At the end of 2023 the company had a P/E ratio of 97.8.

P/E ratio history for JD Logistics from 2023 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202397.8-248.77%
2022-65.7692.85%
2021-8.29

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.