<p><strong>火花教育（iHuman Inc.）</strong>（紐約證券交易所代碼：IH）在過去一個月的股價表現非常糟糕，下降了 26%。從更大的角度來看，即使在這個糟糕的月份之後，該股票在過去一年中仍上漲了 25%。</p>
<p>由於股價大幅下跌，火花教育的市盈率（&#34;P/E&#34;）為 7.1 倍，相比於美國市場，可能看起來是一個強有力的買入機會，因為大約一半的公司市盈率超過 20 倍，甚至超過 34 倍的市盈率也相當普遍。然而，僅僅根據市盈率的表面值來判斷並不明智，因為可能有解釋説明其如此低的原因。</p>
<p>這項技術可能會取代計算機：發現 20 只正在努力使量子計算成為現實的股票。</p>
<p>火花教育最近的表現還不錯，盈利增長速度合理。可能很多人預期其可觀的盈利表現會下降，這抑制了市盈率。如果這種情況沒有發生，那麼現有股東可能會對股價未來的走勢感到樂觀。</p>
<p>查看我們對火花教育的最新分析</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/687550177-pe-multiple-vs-industry-1-dark-2/1767178915262?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/687550177-pe-multiple-vs-industry-1-dark-2/1767178915262"/></p>
<p>紐約證券交易所：IH 市盈率與行業比較 2025 年 12 月 31 日</p>
<p>想要了解公司的盈利、收入和現金流的完整情況嗎？那麼我們對火花教育的 <strong>免費</strong> 報告將幫助您瞭解其歷史表現。</p>
<h2>增長是否匹配低市盈率？</h2>
<p>您唯一會真正感到舒適的情況是，當公司的增長明顯落後於市場時，才會看到像火花教育這樣的低市盈率。</p>
<p>回顧過去一年，公司底線實現了 2.8% 的可觀增長。令人欣慰的是，過去三年每股收益（EPS）也累計提升了 67%，部分得益於過去 12 個月的增長。因此，股東們可能會歡迎這些中期盈利增長率。</p>
<p>這與市場其他部分形成對比，預計未來一年將增長 16%，遠低於公司最近的中期年化增長率。</p>
<p>根據這些信息，我們發現火花教育的市盈率低於市場，這很奇怪。看起來大多數投資者並不相信該公司能夠維持其近期的增長率。</p>
<h2>最後的結論</h2>
<p>火花教育的市盈率看起來和其最近的股價一樣疲軟。雖然市盈率不應該是您是否購買股票的決定性因素，但它確實是盈利預期的一個有效晴雨表。</p>
<p>我們已經確定火花教育目前的市盈率遠低於預期，因為其最近三年的增長高於更廣泛的市場預測。可能存在一些未被觀察到的重大威脅影響盈利，導致市盈率無法與這一積極表現相匹配。看起來很多人確實在預期盈利的不穩定，因為這些近期的中期條件的持續性通常會推動股價上漲。</p>
<p>公司的資產負債表中可能潛藏着許多潛在風險。查看我們對火花教育的 <strong>免費</strong> 資產負債表分析，包含六個簡單的關鍵因素檢查。</p>
<p>當然，<strong>您也可能找到比火花教育更好的股票</strong>。因此，您可能希望查看這份 <strong>免費</strong> 的其他公司集合，這些公司擁有合理的市盈率並且盈利增長強勁。</p>
<p>用於國防和災難的移動基礎設施</p>
<p>下一波機器人技術不是類人型的。它是完全自主的塔樓，在 30 分鐘內提供 5G、ISR 和雷達，隨處可用。</p>
<p>在下一輪合同之前獲取投資者簡報</p>
<p>由 CiTech 贊助</p>

洪恩教育

<p>iHuman Inc.（紐約證券交易所代碼：IH）股票在過去一個月下跌了 26%，儘管過去一年上漲了 25%。該公司的市盈率為 7.1 倍，顯著低於市場平均水平，暗示可能被低估。然而，關於未來盈利增長的擔憂可能影響了這一低市盈率。儘管 iHuman 顯示出不錯的盈利增長，但投資者似乎對其維持這一趨勢的能力持懷疑態度。在做出投資決策之前，建議對公司的財務健康狀況進行全面分析</p>

<p>The <strong>iHuman Inc.</strong> (NYSE:IH) share price has fared very poorly over the last month, falling by a substantial 26%. Looking at the bigger picture, even after this poor month the stock is up 25% in the last year.</p>
<div class="lb-trans"><p><strong>火花教育（iHuman Inc.）</strong>（紐約證券交易所代碼：IH）在過去一個月的股價表現非常糟糕，下降了 26%。從更大的角度來看，即使在這個糟糕的月份之後，該股票在過去一年中仍上漲了 25%。</p>
</div><p>Since its price has dipped substantially, iHuman's price-to-earnings (or &#34;P/E&#34;) ratio of 7.1x might make it look like a strong buy right now compared to the market in the United States, where around half of the companies have P/E ratios above 20x and even P/E's above 34x are quite common. Although, it's not wise to just take the P/E at face value as there may be an explanation why it's so limited.</p>
<div class="lb-trans"><p>由於股價大幅下跌，火花教育的市盈率（&#34;P/E&#34;）為 7.1 倍，相比於美國市場，可能看起來是一個強有力的買入機會，因為大約一半的公司市盈率超過 20 倍，甚至超過 34 倍的市盈率也相當普遍。然而，僅僅根據市盈率的表面值來判斷並不明智，因為可能有解釋説明其如此低的原因。</p>
</div><p>This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.</p>
<div class="lb-trans"><p>這項技術可能會取代計算機：發現 20 只正在努力使量子計算成為現實的股票。</p>
</div><p>iHuman has been doing a decent job lately as it's been growing earnings at a reasonable pace. It might be that many expect the respectable earnings performance to degrade, which has repressed the P/E. If that doesn't eventuate, then existing shareholders may have reason to be optimistic about the future direction of the share price.</p>
<div class="lb-trans"><p>火花教育最近的表現還不錯，盈利增長速度合理。可能很多人預期其可觀的盈利表現會下降，這抑制了市盈率。如果這種情況沒有發生，那麼現有股東可能會對股價未來的走勢感到樂觀。</p>
</div><p>Check out our latest analysis for iHuman</p>
<div class="lb-trans"><p>查看我們對火花教育的最新分析</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/687550177-pe-multiple-vs-industry-1-dark-2/1767178915262" alt="" original-src="https://images.simplywall.st/asset/chart/687550177-pe-multiple-vs-industry-1-dark-2/1767178915262"/></p>
<p>NYSE:IH Price to Earnings Ratio vs Industry December 31st 2025</p>
<div class="lb-trans"><p>紐約證券交易所：IH 市盈率與行業比較 2025 年 12 月 31 日</p>
</div><p>Want the full picture on earnings, revenue and cash flow for the company? Then our <strong>free</strong> report on iHuman will help you shine a light on its historical performance.</p>
<div class="lb-trans"><p>想要了解公司的盈利、收入和現金流的完整情況嗎？那麼我們對火花教育的 <strong>免費</strong> 報告將幫助您瞭解其歷史表現。</p>
</div><h2>Does Growth Match The Low P/E?</h2>
<div class="lb-trans"><h2>增長是否匹配低市盈率？</h2>
</div><p>The only time you'd be truly comfortable seeing a P/E as depressed as iHuman's is when the company's growth is on track to lag the market decidedly.</p>
<div class="lb-trans"><p>您唯一會真正感到舒適的情況是，當公司的增長明顯落後於市場時，才會看到像火花教育這樣的低市盈率。</p>
</div><p>Retrospectively, the last year delivered a decent 2.8% gain to the company's bottom line. Pleasingly, EPS has also lifted 67% in aggregate from three years ago, partly thanks to the last 12 months of growth. Accordingly, shareholders would have probably welcomed those medium-term rates of earnings growth.</p>
<div class="lb-trans"><p>回顧過去一年，公司底線實現了 2.8% 的可觀增長。令人欣慰的是，過去三年每股收益（EPS）也累計提升了 67%，部分得益於過去 12 個月的增長。因此，股東們可能會歡迎這些中期盈利增長率。</p>
</div><p>This is in contrast to the rest of the market, which is expected to grow by 16% over the next year, materially lower than the company's recent medium-term annualised growth rates.</p>
<div class="lb-trans"><p>這與市場其他部分形成對比，預計未來一年將增長 16%，遠低於公司最近的中期年化增長率。</p>
</div><p>With this information, we find it odd that iHuman is trading at a P/E lower than the market. It looks like most investors are not convinced the company can maintain its recent growth rates.</p>
<div class="lb-trans"><p>根據這些信息，我們發現火花教育的市盈率低於市場，這很奇怪。看起來大多數投資者並不相信該公司能夠維持其近期的增長率。</p>
</div><h2>The Final Word</h2>
<div class="lb-trans"><h2>最後的結論</h2>
</div><p>iHuman's P/E looks about as weak as its stock price lately. While the price-to-earnings ratio shouldn't be the defining factor in whether you buy a stock or not, it's quite a capable barometer of earnings expectations.</p>
<div class="lb-trans"><p>火花教育的市盈率看起來和其最近的股價一樣疲軟。雖然市盈率不應該是您是否購買股票的決定性因素，但它確實是盈利預期的一個有效晴雨表。</p>
</div><p>We've established that iHuman currently trades on a much lower than expected P/E since its recent three-year growth is higher than the wider market forecast. There could be some major unobserved threats to earnings preventing the P/E ratio from matching this positive performance. It appears many are indeed anticipating earnings instability, because the persistence of these recent medium-term conditions would normally provide a boost to the share price.</p>
<div class="lb-trans"><p>我們已經確定火花教育目前的市盈率遠低於預期，因為其最近三年的增長高於更廣泛的市場預測。可能存在一些未被觀察到的重大威脅影響盈利，導致市盈率無法與這一積極表現相匹配。看起來很多人確實在預期盈利的不穩定，因為這些近期的中期條件的持續性通常會推動股價上漲。</p>
</div><p>A lot of potential risks can sit within a company's balance sheet. Take a look at our <strong>free</strong> balance sheet analysis for iHuman with six simple checks on some of these key factors.</p>
<div class="lb-trans"><p>公司的資產負債表中可能潛藏着許多潛在風險。查看我們對火花教育的 <strong>免費</strong> 資產負債表分析，包含六個簡單的關鍵因素檢查。</p>
</div><p>Of course, <strong>you might also be able to find a better stock than iHuman</strong>. So you may wish to see this <strong>free</strong> collection of other companies that have reasonable P/E ratios and have grown earnings strongly.</p>
<div class="lb-trans"><p>當然，<strong>您也可能找到比火花教育更好的股票</strong>。因此，您可能希望查看這份 <strong>免費</strong> 的其他公司集合，這些公司擁有合理的市盈率並且盈利增長強勁。</p>
</div><p>Mobile Infrastructure for Defense and Disaster</p>
<div class="lb-trans"><p>用於國防和災難的移動基礎設施</p>
</div><p>The next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.</p>
<div class="lb-trans"><p>下一波機器人技術不是類人型的。它是完全自主的塔樓，在 30 分鐘內提供 5G、ISR 和雷達，隨處可用。</p>
</div><p>Get the investor briefing before the next round of contracts</p>
<div class="lb-trans"><p>在下一輪合同之前獲取投資者簡報</p>
</div><p>Sponsored On Behalf of CiTech</p>
<div class="lb-trans"><p>由 CiTech 贊助</p>
</div>

即便 iHuman Inc.（NYSE:IH）的股價下跌了 26%，在投資之前仍需謹慎