Jiajiafu Modern Agriculture P/E
What is the P/E of Jiajiafu Modern Agriculture?
The P/E of Jiajiafu Modern Agriculture Limited is 0.87
What is the definition of P/E?
Price to earnings ratio is the ratio of a company’s stock price to the company’s earnings per share calculated over trailing twelve months.
= previous day’s close / ttm EPS
The price to earnings ratio is the most widely used method for determining whether shares are accurately valued in relation to one another. But the P/E ratio does not in itself indicate whether the share is a bargain. The P/E ratio depends on the market’s perception of the risk and future growth in earnings. A company with a low P/E ratio indicates that the market perceives it as a higher risk or a lower growth or both as compared to a company with a higher price to earnings ratio. The P/E ratio of a listed company’s stock is the result of the collective perception of the market as to how risky the company is and what its earnings growth prospects are in relation to that of other companies. Investors use the P/E ratio to compare their own perception of the risk and growth of a company against the market’s collective perception of the risk and growth as reflected in the current P/E ratio.
P/E of companies in the Consumer Staples sector on ASX compared to Jiajiafu Modern Agriculture
What does Jiajiafu Modern Agriculture do?
Jiajiafu Modern Agriculture Limited, through its subsidiary, Qingzhou Jiajiafu Modern Agriculture Group Co., Ltd. engages in farming, harvesting, packing, marketing, supplying, and distributing fruits and vegetables in China. The company's products primarily include fresh produce, such as tomatoes, cucumbers, eggplants, chilies, radishes, potatoes, and yams; and processed food products comprising dandelion tea, pumpkin powder, and dried persimmons. It also trades in agriculture supplies, such as fertilizers and pesticides. The company was founded in 2011 and is based in Sydney, Australia. Jiajiafu Modern Agriculture Limited is a subsidiary of Juxin Holding Limited.
Companies with p/e similar to Jiajiafu Modern Agriculture
- Diligent Media has P/E of 0.84
- Katoro Gold plc has P/E of 0.85
- Noble Mineral Exploration has P/E of 0.85
- EuropaCorp has P/E of 0.86
- Goldin has P/E of 0.86
- Harte Gold has P/E of 0.87
- Jiajiafu Modern Agriculture has P/E of 0.87
- Mastrad Societe Anonyme has P/E of 0.88
- Star Royalties has P/E of 0.89
- Secoo Ltd has P/E of 0.90
- ENENSYS Technologies SA has P/E of 0.90
- Les Hotels de Paris SA has P/E of 0.91
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