According to Exela Technologies 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.000567504. At the end of 2022 the company had a P/E ratio of -0.0004.
Year | P/E ratio | Change |
---|---|---|
2022 | -0.0004 | -99.93% |
2021 | -0.6046 | 78.21% |
2020 | -0.3393 | 192.44% |
2019 | -0.1160 | -96.5% |
2018 | -3.32 | 62.56% |
2017 | -2.04 | -91.6% |
2016 | -24.3 | -97.87% |
2015 | < -1000 |
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.