7Road
0797.HK
#8602
Rank
NZ$0.32 B
Marketcap
NZ$0.12
Share price
1.82%
Change (1 day)
-47.99%
Change (1 year)

P/E ratio for 7Road (0797.HK)

P/E ratio at the end of 2023: -49.1

According to 7Road's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -8.94236. At the end of 2023 the company had a P/E ratio of -49.1.

P/E ratio history for 7Road from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-49.1-348.4%
202219.8-62.98%
202153.4-17.34%
202064.6-88.21%
2019548-2074.38%
2018-27.8

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.