According to IVU Traffic Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 132.573. At the end of 2023 the company had a P/E ratio of 21.4.
Year | P/E ratio | Change |
---|---|---|
2023 | 21.4 | -22.64% |
2022 | 27.7 | -30.36% |
2021 | 39.8 | 18.81% |
2020 | 33.5 | 62.8% |
2019 | 20.6 | 41.26% |
2018 | 14.6 | -17.26% |
2017 | 17.6 | -106.09% |
2016 | -289 | -1431.49% |
2015 | 21.7 | 64.53% |
2014 | 13.2 | 48.07% |
2013 | 8.91 | 38.34% |
2012 | 6.44 | -18.77% |
2011 | 7.93 | -26.38% |
2010 | 10.8 | -38.81% |
2009 | 17.6 | 66.49% |
2008 | 10.6 | -1.45% |
2007 | 10.7 | -34.49% |
2006 | 16.4 | 54.26% |
2005 | 10.6 | -896.15% |
2004 | -1.33 | -54.57% |
2003 | -2.93 | -9.7% |
2002 | -3.25 |
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.