According to Drecom's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.9056. At the end of 2024 the company had a P/E ratio of 284.
Year | P/E ratio | Change |
---|---|---|
2024 | 284 | 1384.61% |
2023 | 19.1 | -2.21% |
2022 | 19.5 | 44.33% |
2021 | 13.5 | -23.33% |
2020 | 17.7 | -298.16% |
2019 | -8.91 | -94.5% |
2018 | -162 | -434.58% |
2017 | 48.4 | -439.88% |
2016 | -14.2 | -101.09% |
2015 | > 1000 | -1921.43% |
2014 | -72.0 | -192.81% |
2013 | 77.6 | 322.07% |
2012 | 18.4 | -96.85% |
2011 | 584 | 289.8% |
2010 | 150 | -4128.64% |
2009 | -3.72 | -46.15% |
2008 | -6.91 |
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.