T-Bull
TBL.WA
#10089
Rank
A$1.74 M
Marketcap
$1.47
Share price
3.63%
Change (1 day)
-48.11%
Change (1 year)

P/E ratio for T-Bull (TBL.WA)

P/E ratio as of November 2024 (TTM): -0.6702

According to T-Bull's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.670233. At the end of 2022 the company had a P/E ratio of -1.13.

P/E ratio history for T-Bull from 2016 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-1.1353.39%
2021-0.7343-104.31%
202017.0118.98%
20197.78-86.15%
201856.2157.65%
201721.8-42%
201637.6

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.