P/E ratio for Poseidon Nickel (POS.AX)
P/E ratio at the end of 2022: -11.2
According to Poseidon Nickel's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.48361. At the end of 2022 the company had a P/E ratio of -11.2.
P/E ratio history for Poseidon Nickel from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -11.2 | -36.2% |
| 2021 | -17.5 | 227.81% |
| 2020 | -5.34 | -27.59% |
| 2019 | -7.38 | 103.73% |
| 2018 | -3.62 | |
| 2016 | -0.7956 | -73.73% |
| 2015 | -3.03 | -33.29% |
| 2014 | -4.54 | 63.26% |
| 2013 | -2.78 | -43.58% |
| 2012 | -4.93 | -112.31% |
| 2011 | 40.1 | -750.66% |
| 2010 | -6.16 | -229.2% |
| 2009 | 4.76 | -886.85% |
| 2008 | -0.6055 | -97.71% |
| 2007 | -26.4 | -43.17% |
| 2006 | -46.5 | 166.84% |
| 2005 | -17.4 | 8.71% |
| 2004 | -16.0 | 651.54% |
| 2003 | -2.13 | 66% |
| 2002 | -1.29 | 51.15% |
| 2001 | -0.8503 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.