According to Arctic Paper's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.684. At the end of 2022 the company had a P/E ratio of 2.27.
Year | P/E ratio | Change |
---|---|---|
2022 | 2.27 | -48.87% |
2021 | 4.45 | 15.21% |
2020 | 3.86 | 31.67% |
2019 | 2.93 | -86.94% |
2018 | 22.5 | 164.9% |
2017 | 8.48 | 26.44% |
2016 | 6.70 | -267.43% |
2015 | -4.00 | -175.1% |
2014 | 5.33 | -463.49% |
2013 | -1.47 | -45.08% |
2012 | -2.67 |
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.