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Newland Digital Technology Co Ltd
SZSE:000997

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Newland Digital Technology Co Ltd
SZSE:000997
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Price: 28.52 CNY -1.69% Market Closed
Market Cap: 29.4B CNY

P/E
Price to Earnings

29.3
Current
19
Median
22.1
Industry
Higher than median
Higher than industry value

Price to Earnings (P/E) ratio is a valuation multiple that compares a company’s market capitalization to its net income. It indicates the dollar amount an investor can expect to invest in a company in order to receive $1 of that company’s earnings.

P/E
29.3
=
Market Cap
29.4B CNY
/
Net Income
1B CNY
Earnings Growth PEG
CN
N
Newland Digital Technology Co Ltd
SZSE:000997
Average P/E: 100.5
29.3
19%
1.5
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DE
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Palantir Technologies Inc
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409.9
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US
Intuit Inc
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1.6
US
Adobe Inc
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24.1
27%
0.9
US
N
NCR Corp
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138.3
-49%
N/A
US
Applovin Corp
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54.3
38%
1.4
US
Microstrategy Inc
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Cadence Design Systems Inc
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64.4
32%
2

P/E Forward Multiples

Forward P/E multiple is a version of the P/E ratio that uses forecasted net income for the P/E calculation. 1-Year, 2-Years, and 3-Years forwards use net income forecasts for 1, 2, and 3 years ahead, respectively.

1-Year Forward
P/E
24.8
2-Years Forward
P/E
20.3
3-Years Forward
P/E
17.3