Yadea Group
1585.HK
#2862
Rank
$4.73 B
Marketcap
$1.55
Share price
0.67%
Change (1 day)
-15.65%
Change (1 year)

P/E ratio for Yadea Group (1585.HK)

P/E ratio at the end of 2021: 25.2

According to Yadea Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.6875. At the end of 2021 the company had a P/E ratio of 25.2.

P/E ratio history for Yadea Group from 2016 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202125.2-33.28%
202037.7250.69%
201910.8-39.53%
201817.87.24%
201716.676.2%
20169.42

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.