Meituan operates an e-commerce platform for various services. It operates through Food Delivery; In-store, Hotel & Travel; and New Initiatives and Others segments. The Food delivery segment provides consumers place orders of food prepared by merchants. The In-store, Hotel & Travel segment offers consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels and attractions. The New Initiatives and Others segment sales goods from B2B food distribution services and Meituan grocery; and various businesses, such as Meituan Instashopping, community e-commerce, bike-sharing and electric mopeds, and micro-credit services. The company was formerly known as Meituan Dianping and changed its name to Meituan in October 2020. Meituan was founded in 2003 and is headquartered in Beijing, China.
P/E ratio for Meituan (3690.HK)
P/E ratio as of 2023: 34.16
According to Meituan's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34.16. At the end of 2022 the company had a P/E ratio of -141.54.
P/E ratio history for Meituan from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio |
|---|---|
| 2023 | 34.16 |
| 2022 | -141.54 |
| 2021 | -47.07 |
| 2020 | 307.07 |
| 2019 | 234.52 |
| 2018 | -0.91 |
| 2017 | -17.55 |
| 2016 | -61.67 |
| 2015 | -31.74 |