According to Euroseas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.13823. At the end of 2022 the company had a P/E ratio of 1.25.
Year | P/E ratio | Change |
---|---|---|
2022 | 1.25 | -70.08% |
2021 | 4.17 | -53.89% |
2020 | 9.05 | -482.46% |
2019 | -2.37 | -262.26% |
2018 | 1.46 | -166.05% |
2017 | -2.21 | 631.58% |
2016 | -0.3018 | -71.24% |
2015 | -1.05 | -56.85% |
2014 | -2.43 | 232.98% |
2013 | -0.7303 | -73.33% |
2012 | -2.74 | -104.08% |
2011 | 67.2 | -434.35% |
2010 | -20.1 | 129.19% |
2009 | -8.77 | -224.81% |
2008 | 7.02 | -4.88% |
2007 | 7.38 | 46.6% |
2006 | 5.04 |
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.