Xunlei
XNET
#8483
Rank
NZ$0.22 B
Marketcap
$3.54
Share price
-4.55%
Change (1 day)
34.71%
Change (1 year)

P/E ratio for Xunlei (XNET)

P/E ratio as of November 2024 (TTM): 8.68

According to Xunlei's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.67769. At the end of 2022 the company had a P/E ratio of 5.73.

P/E ratio history for Xunlei from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.73-94.8%
2021110-872.19%
2020-14.3128.93%
2019-6.236.99%
2018-5.83-78.44%
2017-27.0158.69%
2016-10.4-72.92%
2015-38.64231.01%
2014-0.8906

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
7.71-11.11%๐Ÿ‡จ๐Ÿ‡ณ China
1.08-87.57%๐Ÿ‡จ๐Ÿ‡ณ China
80.3 825.86%๐Ÿ‡บ๐Ÿ‡ธ USA
13.7 57.66%๐Ÿ‡จ๐Ÿ‡ณ China

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.