According to Micropole's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 512.894. At the end of 2023 the company had a P/E ratio of 169.
Year | P/E ratio | Change |
---|---|---|
2023 | 169 | 1449.25% |
2022 | 10.9 | -7.04% |
2021 | 11.7 | -105.41% |
2020 | -217 | -1667.31% |
2019 | 13.8 | -36.63% |
2018 | 21.9 | -236.97% |
2017 | -16.0 | -67.61% |
2016 | -49.3 | -27.22% |
2015 | -67.7 | 4514.51% |
2014 | -1.47 | -113.5% |
2013 | 10.9 | |
2011 | 6.38 | 28.58% |
2010 | 4.96 | -8.6% |
2009 | 5.43 |
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.