iDreamSky
1119.HK
#6540
Rank
S$0.77 B
Marketcap
$0.46
Share price
0.38%
Change (1 day)
23.67%
Change (1 year)

P/E ratio for iDreamSky (1119.HK)

P/E ratio at the end of 2022: -1.91

According to iDreamSky 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.29261. At the end of 2022 the company had a P/E ratio of -1.91.

P/E ratio history for iDreamSky from 2018 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-1.91-95.06%
2021-38.7314.62%
2020-9.33-167.76%
201913.8-41.65%
201823.6

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.