According to POET Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -15.4474. At the end of 2024 the company had a P/E ratio of -6.77.
Year | P/E ratio | Change |
---|---|---|
2024 | -6.77 | 267.09% |
2023 | -1.84 | -65.21% |
2022 | -5.30 | -66.42% |
2021 | -15.8 | 52.85% |
2020 | -10.3 | -19.71% |
2019 | -12.9 | 267.35% |
2018 | -3.50 | 2.94% |
2017 | -3.40 | -15% |
2016 | -4.00 | -57.58% |
2015 | -9.43 | -36.61% |
2014 | -14.9 | 78.5% |
2013 | -8.33 | 12.99% |
2012 | -7.38 | 304.44% |
2011 | -1.82 | -30.83% |
2010 | -2.64 | 79.27% |
2009 | -1.47 | -22.15% |
2008 | -1.89 |
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.