| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 32.62 | 77.46% |
| 2024 | 18.38 | 37.17% |
| 2023 | 13.40 | 48.85% |
| 2022 | 9.00 | -23.74% |
| 2021 | 11.80 | -23.28% |
| 2020 | 15.38 | -20.85% |
| 2019 | 19.44 | 50.80% |
| 2018 | 12.89 | -38.25% |
| 2017 | 20.87 | -9.47% |
| 2016 | 23.06 | -0.11% |
| 2015 | 23.08 | 0.00% |
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 29.50 | -9.56% |
US
|
|
| 33.96 | 4.11% |
US
|
|
| 67.91 | 108.20% |
CN
|
|
| 288.98 | 785.97% |
US
|
|
| 240.99 | 638.85% |
US
|
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.