P/E ratio for Qrf (QRF.BR)
P/E ratio at the end of 2023: -28.5
According to Qrf's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -33.1581. At the end of 2023 the company had a P/E ratio of -28.5.
P/E ratio history for Qrf from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -28.5 | -661.98% |
| 2022 | 5.08 | -83.26% |
| 2021 | 30.4 | -338.17% |
| 2020 | -12.7 | 157.25% |
| 2019 | -4.95 | -104.45% |
| 2018 | 111 | 398.52% |
| 2017 | 22.3 | 45.87% |
| 2016 | 15.3 | -17.37% |
| 2015 | 18.5 | -22.62% |
| 2014 | 23.9 | -169.48% |
| 2013 | -34.4 |
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.