According to Boston Omaha's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 686.5. At the end of 2022 the company had a P/E ratio of 110.
Year | P/E ratio | Change |
---|---|---|
2022 | 110 | 664.81% |
2021 | 14.4 | -103.75% |
2020 | -384 | 9.65% |
2019 | -351 | 604.33% |
2018 | -49.8 | -1.62% |
2017 | -50.6 |
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.