PopReach
INIK.V
#9614
Rank
A$35.6 M
Marketcap
$0.09891
Share price
-10.00%
Change (1 day)
-45.93%
Change (1 year)

P/E ratio for PopReach (INIK.V)

P/E ratio as of November 2024 (TTM): -1.44

According to PopReach's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.44383. At the end of 2022 the company had a P/E ratio of -10.3.

P/E ratio history for PopReach from 2020 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2022-10.3-132.8%
202131.5-405.6%
2020-10.3

How to read a P/E ratio?

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.