1. Log in to the regular stock software or official website, taking Nutnet as an example;
2. Enter the stock code and select the price-earnings ratio to query.
Need to be reminded that stocks are high-risk investments and need to be cautious when entering the market. The historical data of stocks are for reference only and cannot provide accurate market forecast. Straight flush (Huawei P40HarmonyOs2.0.0. 168, version v 10.38.04)
What does a high P/E ratio mean?
P/E ratio is the ratio of stock market price to earnings per share, which is usually used to measure stock price and company profitability. If the price-earnings ratio is high, it means that the market performance of the stock is good. From the perspective of investment, the lower the P/E ratio, the greater the investment space. Because of the low price-earnings ratio, investors can buy stocks at low prices and get returns. Of course, the higher the P/E ratio, the better. The price-earnings ratio of a stock should be analyzed from the company background, performance and other factors.
A high P/E ratio means the higher the current share price, and the higher the share price means the higher the investment risk. Of course, sometimes it can be seen from the price-earnings ratio that a company's share price is overvalued. If the value is less than 30, it is still reasonable. If it exceeds 30, it means that the company's share price may be overvalued.
What's the difference between P/E ratio and P/B ratio?
P/B ratio = share price/net assets per share. The P/B ratio reflects the ownership of the company's property by shareholders and the investment value of the company. The price-to-book ratio index can measure whether a stock has investment value in the investment process. The lower the P/B ratio, the higher the investment value. Conversely, the higher the P/B ratio, the lower the investment value.
P/E ratio = share price/earnings per share. P/E ratio is a financial index to measure stock price and enterprise profitability. The P/E ratio reflects the stock price. The lower the P/E ratio, the greater the investment value of the stock. The higher the P/E ratio, the smaller the investment value of the stock.