According to illumin's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.3823. At the end of 2021 the company had a P/E ratio of 22.7.
Year | P/E ratio | Change |
---|---|---|
2021 | 22.7 | -88.23% |
2020 | 193 | -1787.38% |
2019 | -11.4 | 207.75% |
2018 | -3.71 | -55.03% |
2017 | -8.25 | -89.47% |
2016 | -78.3 | 1233.33% |
2015 | -5.88 | 701.65% |
2014 | -0.7329 |
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.