According to AFC Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -885.47. At the end of 2022 the company had a P/E ratio of -11.1.
Year | P/E ratio | Change |
---|---|---|
2022 | -11.1 | -75.21% |
2021 | -44.9 | 112.44% |
2020 | -21.1 | 199.18% |
2019 | -7.06 | 39.93% |
2018 | -5.04 | -58.42% |
2017 | -12.1 | 15.56% |
2016 | -10.5 | -36.91% |
2015 | -16.6 | 436.68% |
2014 | -3.10 | -81.86% |
2013 | -17.1 | 13.55% |
2012 | -15.1 | 44.57% |
2011 | -10.4 | -64.93% |
2010 | -29.7 | 434.31% |
2009 | -5.56 | 609.52% |
2008 | -0.7832 | -82.49% |
2007 | -4.47 |
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.