According to Playgon Games's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.198077. At the end of 2023 the company had a P/E ratio of -0.6667.
Year | P/E ratio | Change |
---|---|---|
2023 | -0.6667 | -33.33% |
2022 | -1.00 | -79.41% |
2021 | -4.86 | -49.4% |
2020 | -9.60 | 105.71% |
2019 | -4.67 | 775% |
2018 | -0.5333 | -90.48% |
2017 | -5.60 | -83.03% |
2016 | -33.0 | 175% |
2015 | -12.0 | 9.09% |
2014 | -11.0 | 120% |
2013 | -5.00 | -44.44% |
2012 | -9.00 | -77.46% |
2011 | -39.9 | -36.56% |
2010 | -62.9 | |
2008 | -0.1020 | -99.79% |
2007 | -49.0 |
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.