According to Artnet AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.0341. At the end of 2022 the company had a P/E ratio of 338.
Year | P/E ratio | Change |
---|---|---|
2022 | 338 | -550.67% |
2021 | -75.0 | -464.58% |
2020 | 20.6 | -100.06% |
2019 | < -1000 | -261223.45% |
2018 | 12.5 | -61.23% |
2017 | 32.1 | 69.07% |
2016 | 19.0 | 16.33% |
2015 | 16.3 | -409.77% |
2014 | -5.27 | -102.21% |
2013 | 239 | -3605.33% |
2012 | -6.82 | -101.67% |
2011 | 408 | 130.08% |
2010 | 177 | -386.02% |
2009 | -62.0 | 8.77% |
2008 | -57.0 | -322.57% |
2007 | 25.6 | 36.38% |
2006 | 18.8 | -42.18% |
2005 | 32.5 | -375.22% |
2004 | -11.8 | 136% |
2003 | -5.00 | 140% |
2002 | -2.08 |
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.