IReader Technology Co

IReader Technology Co Forward P/E

The Forward P/E Ratio of IReader Technology Co (603533.SS) as of Oct 21, 2026 is -59.42. In the previous year, Forward P/E Ratio was 212.72 — a change of -127.93% (lower).

Forward P/E

-59.42

YoY

-127.93%

Last updated:

Forward P/E Ratio of IReader Technology Co is 2025 -59.42 . Forward P/E Ratio of IReader Technology Co was 2024 212.72 . It decreases by -127.93% lower compared to the previous year.

The IReader Technology Co Forward P/E history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Forward P/E
Date
Forward P/E
Jan 1, 2018
75.26 CNY
Jan 1, 2019
65.12 CNY
Jan 1, 2020
39.69 CNY
Jan 1, 2021
69.62 CNY
Jan 1, 2022
182.11 CNY
Jan 1, 2023
300.92 CNY
Jan 1, 2024
212.72 CNY
Jan 1, 2025
-59.42 CNY
The IReader Technology Co Forward P/E history
YEARForward P/EYoY
-59.42-127.93%
212.72-29.31%
300.92+65.24%
182.11+161.57%
69.62+75.39%
39.69-39.05%
65.12-13.47%
75.26-11.20%
84.76-37.59%
135.80-61.71%
354.63+94.33%
182.49—

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IReader Technology Co Stock analysis

What does IReader Technology Co do? iReader Technology Co., Ltd. generates revenue through its Palm Reading brand, offering digital reading services and value-added services. The company's value-added services include content-related offerings like copyright business, hardware-related services such as hardware products business, and traffic-related services including game intermodal and advertising marketing businesses. These services are primarily sold to domestic customers in China, with the company focusing on the domestic market for its operations. The Palm Reading brand is central to iReader's business model, driving both digital reading subscriptions and ancillary revenue streams. Content-related value-added services involve copyright management, while hardware-related services encompass the sale of devices. Traffic-related services leverage user engagement through game intermodal and advertising marketing, creating multiple revenue channels within the domestic Chinese market. iReader's revenue streams are diversified across content, hardware, and traffic services, all under the Palm Reading brand. The company targets domestic consumers with its digital reading platform, utilizing copyright business, hardware products, and advertising marketing to maximize profitability within China's digital content ecosystem. IReader Technology Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about IReader Technology Co stock

Forward P/E Ratio of IReader Technology Co is -59.42 in 2025.

Forward P/E Ratio of IReader Technology Co changed from 212.72 to -59.42, representing a -127.93% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Forward P/E Ratio IReader Technology Co since 2006 – with annual values, charts, and detailed analysis.

The Forward P/E uses estimated future earnings to value a stock. A lower forward P/E relative to the trailing P/E suggests analysts expect earnings growth.

To evaluate Forward P/E Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Forward P/E Ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Forward P/E Ratio's IReader Technology Co with sector peers and the industry average to assess whether it is attractive.

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