According to Universal Stainless & Alloy Products's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -281.188. At the end of 2022 the company had a P/E ratio of -8.06.
Year | P/E ratio | Change |
---|---|---|
2022 | -8.06 | -90.87% |
2021 | -88.2 | 2447.59% |
2020 | -3.46 | -111.39% |
2019 | 30.4 | 149.49% |
2018 | 12.2 | -40.26% |
2017 | 20.4 | -211.74% |
2016 | -18.3 | 473.84% |
2015 | -3.18 | -107.34% |
2014 | 43.4 | -169.74% |
2013 | -62.2 | -461.84% |
2012 | 17.2 | 17.74% |
2011 | 14.6 | -9.49% |
2010 | 16.1 | -137.62% |
2009 | -42.9 | -718.25% |
2008 | 6.93 | -33.92% |
2007 | 10.5 | -0.34% |
2006 | 10.5 | 40.38% |
2005 | 7.50 | -38.89% |
2004 | 12.3 | -126.14% |
2003 | -47.0 | -371.65% |
2002 | 17.3 | 160.33% |
2001 | 6.64 |
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.