P/E ratio for 5th Planet Games (5PG.OL)
P/E ratio as of September 2023 (TTM): -11.0
According to 5th Planet Games's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -11.0159. At the end of 2021 the company had a P/E ratio of -4.71.
P/E ratio history for 5th Planet Games from 2015 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -4.71 | 19.43% |
| 2020 | -3.95 | 946.13% |
| 2019 | -0.3772 | -53.64% |
| 2018 | -0.8135 | -73.02% |
| 2017 | -3.02 | 371.09% |
| 2016 | -0.6401 | -73.49% |
| 2015 | -2.41 |
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.