300628- SZSE (China)

Yealink Network Technology Corp Ltd

Yealink Network Technology Corp Ltd

Not Rated

74.13 (0.48%) Volume: 3,518,207 Dec. 13

Avg Vol (1m): 2,859,245
Market Cap : 44.44 B | Enterprise Value : 40.92 B | P/E (TTM) : 38.02 | P/B : 10.77 |
---|

This feature is only available for Premium Members, please sign up for
GuruFocus Premium Membership

7-Day Free Trial Now

7-Day Free Trial Now

**SZSE:300628** has been successfully added to your Stock Email Alerts list.

You can manage your stock email alerts here.

**SZSE:300628** has been removed from your Stock Email Alerts list.

Please enter Portfolio Name for new portfolio.

- Summary
- Guru Trades
- 30-Y Financials
- Analysis
- DCF
- Interactive Chart
- Dividend
- Ownership
- Data
- FilingWiz
- Checklist
- Definitions

Switch to:

View and export this data going back to 2017. Start your Free Trial

As of **today** (2019-12-15), Yealink Network Technology's share price is **CN¥74.13**.
Yealink Network Technology's Earnings per Share (Diluted) for the **trailing twelve months (TTM)** ended in **Sep. 2019** was **CN¥1.95**. Therefore, Yealink Network Technology's P/E ratio for **today** is **38.04**.

During the **past 7 years**, Yealink Network Technology's **highest** P/E Ratio was **83.69**. The **lowest** was **16.85**. And the **median** was **27.34**.

Yealink Network Technology's EPS (Diluted) for the
three
months ended in **Sep. 2019** was **CN¥0.63**.
ItsEPS (Diluted) for the **trailing twelve months (TTM)** ended in **Sep. 2019** was **CN¥1.95**.

As of **today** (2019-12-15), Yealink Network Technology's share price is **CN¥74.13**.
Yealink Network Technology's EPS without NRI for the **trailing twelve months (TTM)** ended in **Sep. 2019** was **CN¥1.95**. Therefore, Yealink Network Technology's PE Ratio without NRI ratio for **today** is **38.04**.

During the **past 7 years**, Yealink Network Technology's **highest** PE Ratio without NRI was **83.69**. The **lowest** was **16.85**. And the **median** was **27.34**.

Yealink Network Technology's EPS without NRI for the
three
months ended in **Sep. 2019** was **CN¥0.63**.
Its EPS without NRI for the **trailing twelve months (TTM)** ended in **Sep. 2019** was **CN¥1.95**.

During the **past 12 months**, Yealink Network Technology's average EPS without NRI **Growth Rate** was **42.30%** per year.
During the **past 3 years**, the average EPS without NRI **Growth Rate** was **37.10%** per year.
During the **past 5 years**, the average EPS without NRI **Growth Rate** was **46.80%** per year.

During the **past 7 years**, Yealink Network Technology's **highest** 3-Year average EPS without NRI Growth Rate was **62.80%** per year. The **lowest** was **37.10%** per year. And the **median** was **46.10%** per year.

Yealink Network Technology's EPS (Basic) for the
three
months ended in **Sep. 2019** was **CN¥0.63**.
Its EPS (Basic) for the **trailing twelve months (TTM)** ended in **Sep. 2019** was **CN¥1.96**.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Competitive Comparison

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.
Yealink Network Technology PE Ratio Distribution

* The bar in red indicates where Yealink Network Technology's PE Ratio falls into.

The P/E ratio is the most widely used ratio in the valuation of stocks.

Yealink Network Technology's P/E Ratio for **today** is calculated as

P/E Ratio | = | Share Price | / | Earnings per Share (Diluted) (TTM) |

= | 74.13 | / | 1.9486 | |

= | 38.04 |

Yealink Network Technology's Share Price of today is CN¥74.13.

Yealink Network Technology's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2019 was 0.3117 (Dec. 2018 ) + 0.43595 (Mar. 2019 ) + 0.57465 (Jun. 2019 ) + 0.6263 (Sep. 2019 ) = CN¥1.95.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

It can also be calculated from the numbers for the whole company:

P/E Ratio | = | Market Cap | / | Net Income |

There are at least three kinds of P/E ratios used by different investors. They are Trailing Twelve Month P/E Ratio or P/E (ttm), forward P/E, or PE Ratio without NRI. A new P/E ratio based on inflation-adjusted normalized P/E ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of P/E (ttm), the earnings per share used are the earnings per share over the past 12 months. For Forward P/E, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, Shiller P/E is also called PE10.

The P/E ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the P/E ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower-P/E stocks are more attractive than higher P/E stocks so long as the P/E ratio is positive. Also for stocks with the same P/E ratio, the one with faster growth business is more attractive.

If a company loses money, the P/E ratio becomes mearningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG. PEG is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.

Because the P/E ratio measures how long it takes to earn back the price you pay, the P/E ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the Price/Sales ratio and Price/Cash Flow or Price/Free Cash Flow, the P/E ratio measures the valuation based on the earning power of the company. This is where it is different from the Price/Book ratio, which measures the valuation based on the company's balance sheet.

Investors need to be aware that the P/E ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and P/E ratios are artificially low. It is usually a bad idea to buy a cyclical business when the P/E is low. A better ratio to identify the time to buy a cyclical businesses is the Price-to-Sales Ratio (P/S).

P/E ratio can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than P/E (ttm).

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names
| Earn affiliate commissions by embedding GuruFocus Charts

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)