Sungrow Power Supply
300274.SZ
#901
Rank
$20.62 B
Marketcap
$9.95
Share price
1.26%
Change (1 day)
-35.50%
Change (1 year)

P/E ratio for Sungrow Power Supply (300274.SZ)

P/E ratio as of July 2024 (TTM): 21.8

According to Sungrow Power Supply's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.7855. At the end of 2022 the company had a P/E ratio of 46.2.

P/E ratio history for Sungrow Power Supply from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202246.2-65.78%
2021135150.28%
202053.9212.47%
201917.39.38%
201815.8-40.3%
201726.45.35%
201625.1-36.25%
201539.44.75%
201437.6-33.26%
201356.350.6%
201237.433.52%
201128.0

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.