P/E ratio for Xunlei (XNET)

P/E ratio history for Xunlei from 2014 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
JOYY YY	7.76	0.42%	🇨🇳 China
Renren RENN	1.08	-86.04%	🇨🇳 China
Netflix NFLX	88.0	1,039.06%	🇺🇸 USA
Baidu BIDU	13.0	67.72%	🇨🇳 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.