Pingtan Marine Enterprise Stock Price To Earning
PMEDelisted Stock | USD 0.27 0.00 0.00% |
Pingtan Marine Enterprise fundamentals help investors to digest information that contributes to Pingtan Marine's financial success or failures. It also enables traders to predict the movement of Pingtan Stock. The fundamental analysis module provides a way to measure Pingtan Marine's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Pingtan Marine stock.
Pingtan |
Pingtan Marine Enterprise Company Price To Earning Analysis
Pingtan Marine's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Pingtan Marine Price To Earning | 29.50 X |
Most of Pingtan Marine's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Pingtan Marine Enterprise is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
CompetitionBased on the latest financial disclosure, Pingtan Marine Enterprise has a Price To Earning of 29.5 times. This is 40.68% higher than that of the Food Products sector and 13.84% lower than that of the Consumer Staples industry. The price to earning for all United States stocks is 2.72% lower than that of the firm.
Pingtan Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pingtan Marine's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Pingtan Marine could also be used in its relative valuation, which is a method of valuing Pingtan Marine by comparing valuation metrics of similar companies.Pingtan Marine is currently under evaluation in price to earning category among its peers.
Pingtan Fundamentals
Return On Equity | 0.0205 | |||
Return On Asset | -0.0154 | |||
Profit Margin | 0.01 % | |||
Operating Margin | (0.08) % | |||
Current Valuation | 412.26 M | |||
Shares Outstanding | 85.94 M | |||
Shares Owned By Insiders | 52.80 % | |||
Shares Owned By Institutions | 0.22 % | |||
Number Of Shares Shorted | 61.34 K | |||
Price To Earning | 29.50 X | |||
Price To Book | 0.84 X | |||
Price To Sales | 0.33 X | |||
Revenue | 87.24 M | |||
Gross Profit | (12.64 M) | |||
EBITDA | (44.72 M) | |||
Net Income | (77.62 M) | |||
Cash And Equivalents | 4.05 M | |||
Cash Per Share | 0.05 X | |||
Total Debt | 240.73 M | |||
Debt To Equity | 4.51 % | |||
Current Ratio | 0.75 X | |||
Book Value Per Share | 0.78 X | |||
Cash Flow From Operations | (32.58 M) | |||
Short Ratio | 243.88 X | |||
Earnings Per Share | 0.02 X | |||
Target Price | 15.0 | |||
Number Of Employees | 2.36 K | |||
Beta | -0.74 | |||
Market Capitalization | 23.2 M | |||
Total Asset | 463.46 M | |||
Retained Earnings | 9.79 M | |||
Working Capital | (8.2 M) | |||
Current Asset | 48.51 M | |||
Current Liabilities | 56.7 M | |||
Net Asset | 463.46 M |
About Pingtan Marine Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pingtan Marine Enterprise's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pingtan Marine using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pingtan Marine Enterprise based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out Your Equity Center to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Other Consideration for investing in Pingtan Stock
If you are still planning to invest in Pingtan Marine Enterprise check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Pingtan Marine's history and understand the potential risks before investing.
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