Kingnet Network Co., Ltd.
002517
Rank in Stocks
#3647
Kingnet Network Co., Ltd. specializes in the development, operation, and... Kingnet Network Co., Ltd. specializes in the development, operation, and distribution of both web-based and mobile video games. Its catalog of web games prominently features titles such as Blue Moon Legend, Original Legend, and Legendary World Web Edition. On the mobile front, its diverse portfolio encompasses popular games like Blue Moon Legend, National Miracle MU, Gundam Battle Showdown, World of Warship Blitz, Legendary Prosperity, Blue Moon Legend 3D, Blue Moon Legend 2, Original Legend, High-powered Team, and Sword Art Online Black Swordsman: Ace. Beyond its core gaming business, Kingnet also oversees the XY game and Kaiying Cloud Games platforms, alongside developing various internet high-tech products. Established in 2008, the company maintains its headquarters in Shanghai, China.
Share Price
$2.18
Market Cap
$4.65B
Change (1 day)
-2.09%
Change (1 year)
-37.25%
Country
CN
Trade Kingnet Network Co., Ltd. (002517)
Category
Technology
P/E ratio for Kingnet Network Co., Ltd. (002517)
P/E ratio as of October 2026 TTM: 11.42
According to Kingnet Network Co., Ltd. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.42. At the end of 2023 the company had a P/E ratio of 15.96.
P/E ratio history for Kingnet Network Co., Ltd. from 2007 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 11.42 | -35.39% |
| 2024 | 17.68 | 10.77% |
| 2023 | 15.96 | 19.20% |
| 2022 | 13.39 | -9.07% |
| 2021 | 14.72 | -64.70% |
| 2020 | 41.71 | -1,480.76% |
| 2019 | -3.02 | -106.51% |
| 2018 | 46.38 | 137.09% |
| 2017 | 19.56 | -41.73% |
| 2016 | 33.57 | -35.12% |
| 2015 | 51.74 | -133.39% |
| 2014 | -154.97 | -158.92% |
| 2013 | 263.00 | 969.58% |
| 2012 | 24.59 | -41.45% |
| 2011 | 42.00 | -12.11% |
| 2010 | 47.79 | 11.50% |
| 2009 | 42.86 | 39.29% |
| 2008 | 30.77 | -33.33% |
| 2007 | 46.15 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 16.44 | 43.92% |
CN
|
|
| - | - |
US
|
|
| 20.07 | 75.73% |
JP
|
|
| 48.43 | 324.00% |
US
|
|
| -116.32 | -1,118.35% |
US
|
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.