The9
NCTY
#8728
Rank
$0.10 B
Marketcap
$11.24
Share price
-0.53%
Change (1 day)
51.08%
Change (1 year)

P/E ratio for The9 (NCTY)

P/E ratio as of November 2024 (TTM): -0.0129

According to The9's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.0129467. At the end of 2008 the company had a P/E ratio of 9.53.

P/E ratio history for The9 from 2004 to 2013

PE ratio at the end of each year

Year P/E ratio Change
20089.53-63.35%
200726.0-9.81%
200628.8-80.51%
2005148-34.36%
2004225

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
15.1-116,908.92%๐Ÿ‡จ๐Ÿ‡ณ China
-11.8 90,981.12%๐Ÿ‡น๐Ÿ‡ผ Taiwan
37.9-293,005.53%๐Ÿ‡ฌ๐Ÿ‡ง UK
51.2-395,264.02%๐Ÿ‡จ๐Ÿ‡ฆ Canada

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.