P/E ratio for Jingdong Mall (JD)
P/E ratio as of June 2024 (TTM): 14.6
According to Jingdong Mall's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.5803. At the end of 2022 the company had a P/E ratio of 60.2.
P/E ratio history for Jingdong Mall from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 60.2 | -131.4% |
| 2021 | -192 | -622.28% |
| 2020 | 36.7 | -36.01% |
| 2019 | 57.3 | -133.37% |
| 2018 | -172 | -96.45% |
| 2017 | < -1000 | 3716.21% |
| 2016 | -127 | 109.56% |
| 2015 | -60.5 | 196.39% |
| 2014 | -20.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Alibaba BABA | 15.6 | 7.01% | 🇨🇳 China |
 Sohu.com SOHU | -6.40 | -143.87% | 🇨🇳 China |
 Vipshop
VIPS | 7.88 | -45.93% | 🇨🇳 China |
 Meituan 3690.HK | -62.1 | -526.09% | 🇨🇳 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.