11 bit studios
11B.WA
#6492
Rank
$0.32 B
Marketcap
$133.96
Share price
3.29%
Change (1 day)
-13.48%
Change (1 year)

P/E ratio for 11 bit studios (11B.WA)

P/E ratio as of March 2024 (TTM): 105

According to 11 bit studios's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 105.221. At the end of 2022 the company had a P/E ratio of 61.1.

P/E ratio history for 11 bit studios from 2012 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202261.134.06%
202145.655.61%
202029.3-25.71%
201939.4170.69%
201814.6-89.12%
2017134431.1%
201625.286.23%
201513.5-17.83%
201416.5-25.51%
201322.167.77%
201213.2

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.