According to Tessellis's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.328695. At the end of 2022 the company had a P/E ratio of -2.15.
Year | P/E ratio | Change |
---|---|---|
2022 | -2.15 | -50.57% |
2021 | -4.35 | -25.77% |
2020 | -5.86 | 115.05% |
2019 | -2.73 | -505.85% |
2018 | 0.6714 | -120.69% |
2017 | -3.25 | -0.14% |
2016 | -3.25 | -43.67% |
2015 | -5.77 | 10.11% |
2014 | -5.24 | -68.55% |
2013 | -16.7 | 312.4% |
2012 | -4.04 | 138.35% |
2011 | -1.70 | -78.92% |
2010 | -8.04 | 2568.68% |
2009 | -0.3013 | -98.15% |
2008 | -16.3 | 187.08% |
2007 | -5.66 | -31.14% |
2006 | -8.22 | -90.78% |
2005 | -89.2 | 1069.23% |
2004 | -7.63 |
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.