According to Alto Ingredients's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.32258. At the end of 2022 the company had a P/E ratio of -4.80.
Year | P/E ratio | Change |
---|---|---|
2022 | -4.80 | -161.87% |
2021 | 7.76 | -135.72% |
2020 | -21.7 | 6215.51% |
2019 | -0.3439 | -43.21% |
2018 | -0.6056 | -88.55% |
2017 | -5.29 | -100% |
2016 | < -1000 | 1.9691471174068E+18% |
2015 | -8.69 | -163.1% |
2014 | 13.8 | -202.83% |
2013 | -13.4 | 695.44% |
2012 | -1.68 | -116.32% |
2011 | 10.3 | 1302.79% |
2010 | 0.7358 | -663.74% |
2009 | -0.1305 | -12.79% |
2008 | -0.1497 | -99.14% |
2007 | -17.5 | 186.03% |
2006 | -6.11 | -76.86% |
2005 | -26.4 |
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.