Baidu
BIDU
#567
Rank
$35.74 B
Marketcap
$99.07
Share price
-1.59%
Change (1 day)
-33.60%
Change (1 year)

P/E ratio for Baidu (BIDU)

P/E ratio as of July 2024 (TTM): 16.0

According to Baidu's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.9832. At the end of 2022 the company had a P/E ratio of 39.1.

P/E ratio history for Baidu from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202239.120.74%
202132.445.66%
202022.3-84.38%
2019143960.92%
201813.4-54.62%
201729.6-14.39%
201634.6173.71%
201512.6-66.43%
201437.63.62%
201336.371.87%
201221.1-46.06%
201139.2-38.62%
201063.8-2.28%
200965.3245.67%
200818.9-87.96%
2007157444.57%
200628.8-86.39%
2005212

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-7.58-147.41%๐Ÿ‡จ๐Ÿ‡ณ China
N/AN/A๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands
3.11-80.54%๐Ÿ‡บ๐Ÿ‡ธ USA
1.08-93.25%๐Ÿ‡จ๐Ÿ‡ณ 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.