According to Accsys Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2024 the company had a P/E ratio of -8.72.
Year | P/E ratio | Change |
---|---|---|
2024 | -8.72 | 119.77% |
2023 | -3.97 | -100.86% |
2022 | 463 | -244.99% |
2021 | -319 | -883.52% |
2020 | 40.8 | -258.74% |
2019 | -25.7 | 168.88% |
2018 | -9.55 | -36.15% |
2017 | -15.0 | -78.25% |
2016 | -68.7 | 584.12% |
2015 | -10.0 | 5.1% |
2014 | -9.56 | 82.27% |
2013 | -5.25 | 17.6% |
2012 | -4.46 | 75.59% |
2011 | -2.54 | 79.35% |
2010 | -1.42 | -106.62% |
2009 | 21.4 | -67.64% |
2008 | 66.2 | -504.5% |
2007 | -16.4 | -48.11% |
2006 | -31.5 |
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.