Shenzhen Bingchuan Network
300533.SZ
#6272
Rank
S$0.89 B
Marketcap
$3.82
Share price
-0.92%
Change (1 day)
-22.46%
Change (1 year)

P/E ratio for Shenzhen Bingchuan Network (300533.SZ)

P/E ratio as of December 2024 (TTM): 40.3

According to Shenzhen Bingchuan Network's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 40.306. At the end of 2022 the company had a P/E ratio of 29.2.

P/E ratio history for Shenzhen Bingchuan Network from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202229.2-161.28%
2021-47.6-208%
202044.157.78%
201927.9-13.26%
201832.2-38.31%
201752.2-17.45%
201663.2

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.