According to Sabre Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.411796. At the end of 2022 the company had a P/E ratio of -0.9684.
Year | P/E ratio | Change |
---|---|---|
2022 | -0.9684 | -23.56% |
2021 | -1.27 | -60.8% |
2020 | -3.23 | 2821.31% |
2019 | -0.1106 | -98.46% |
2018 | -7.20 | 273.94% |
2017 | -1.93 | -48.16% |
2016 | -3.72 | -20.52% |
2015 | -4.68 | 24.55% |
2014 | -3.75 | -75.42% |
2013 | -15.3 | 70.73% |
2012 | -8.95 | -5.11% |
2011 | -9.43 | -71.99% |
2010 | -33.7 | 714.5% |
2009 | -4.13 | -47.18% |
2008 | -7.82 | -71.57% |
2007 | -27.5 | 1877.14% |
2006 | -1.39 | -83.21% |
2005 | -8.29 | 52.34% |
2004 | -5.44 | 156% |
2003 | -2.13 | 92.31% |
2002 | -1.11 | -66.45% |
2001 | -3.29 |
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.