P/E ratio as of September 2024 (TTM): -14.0
According to EHang Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -13.9774.At the end of 2022 the company had a P/E ratio of -10.2.
P/E ratio history for EHang Holdings from 2019 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|
| 2022 | -10.2 | -40.46% |
| 2021 | -17.1 | -80.73% |
| 2020 | -89.0 | 97.47% |
| 2019 | -45.0 | |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
| -5.44 | -61.05% | 🇺🇸 USA |
| 17.1 | -222.07% | 🇺🇸 USA |
| 20.9 | -249.21% | 🇺🇸 USA |
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.
FAQs
P/E ratio as of September 2024 (TTM): -14.1
According to EHang Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -14.1421. At the end of 2022 the company had a P/E ratio of -10.2.
Is Ehang a good stock to buy? ›
Ehang Holdings has a consensus rating of Moderate Buy which is based on 1 buy ratings, 1 hold ratings and 0 sell ratings. The average price target for Ehang Holdings is $19.00. This is based on 2 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
What is a good P and E ratio? ›
Typically, the average P/E ratio is around 20 to 25. Anything below that would be considered a good price-to-earnings ratio, whereas anything above that would be a worse P/E ratio. But it doesn't stop there, as different industries can have different average P/E ratios.
What is the target for Ehang stock? ›
Stock Price Target
| High | $193.63 |
|---|
| Low | $114.19 |
| Average | $155.30 |
| Current Price | $11.62 |
Investors and analysts consider stocks which have a P/E ratio of 50 or above to be an overvalued share, especially in comparison to a stock which has a ratio at par with or below 10. As it allows investors to determine that its share prices are considerably higher than what a company can afford to pay as dividends.
What is the peak PE ratio of Tesla? ›
The average historical PE ratio of Tesla for the last five years is 242.17. The current P/E ratio of 58.0 is 76% lower than the historical average. Looking back at the last five years, TSLA's PE ratio peaked in the Dec 2020 quarter at 940.89, when the price was $235.22 and the EPS was $0.25.
How much should be the PE ratio to buy a stock? ›
Average PE of Nifty in the last 20 years was around 20. * So PEs below 20 may provide good investment opportunities; lower the PE below 20, more attractive the investment potential.
What is a healthy PE ratio range? ›
What Is a Good PEG Ratio? As a general rule, a PEG ratio of 1.0 or lower suggests a stock is fairly priced or even undervalued. A PEG ratio above 1.0 suggests a stock is overvalued.
Is 300 a good PE ratio? ›
The price-to-earnings ratio (P/E ratio) is a quick way to gauge whether a stock is undervalued or overvalued. All else equal, the lower the P/E ratio, the better the investment. For this reason, a P/E of less than 20x is “good” and anything higher than 30x is “bad.”
Who invested in EHang? ›
Top Shareholders
| Holder | # of Shares | Type |
|---|
| Vanguard Star Funds | 541,512 | Institution |
| Direxion | 41,685 | Institution |
| Invesco | 30,384 | Institution |
| Fidelity Concord Street Trust | 23,701 | Institution |
6 more rowsEhang Holdings (NASDAQ: EH) does not pay a dividend.
How many shares does EHang have? ›
EHang Holdings has 63.29 million shares outstanding.
What is the EV PE ratio? ›
The EV/EBITDA ratio compares a company's enterprise value to its earnings before interest, taxes, depreciation, and amortization. The price-to-earnings (P/E) ratio—also sometimes known as the price multiple or earnings multiple—measures a company's current share price relative to its per-share earnings.
What is the current PE ratio of the market? ›
The estimated P/E Ratio for India Stock Market is 27.26, calculated on 16 September 2024. P/E Ratio is calculated on the INDA Etf, whose benchmark is the India Stock Market.
What is the P E ratio of EVgo stock? ›
P/E ratio as of September 2024 (TTM): -8.67
According to EVgo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -8.66667. At the end of 2022 the company had a P/E ratio of -11.2.
What is the PE ratio of solar stocks? ›
The P/E ratio of Solar Industries India Ltd is 105.75 times as on 10-Sep-2024, a 17% discount to its peers' median range of 127.77 times.
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