XXL ASA
XXL.OL
#9521
Rank
A$38.92 M
Marketcap
$1.58
Share price
-3.61%
Change (1 day)
-87.62%
Change (1 year)

P/E ratio for XXL ASA (XXL.OL)

P/E ratio as of November 2024 (TTM): -6.29

According to XXL ASA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.29496. At the end of 2023 the company had a P/E ratio of -43.3.

P/E ratio history for XXL ASA from 2014 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-43.3-63.77%
2022-120-106.57%
2021> 1000-48.28%
2020> 1000-603.6%
2019-700-145.75%
2018> 1000-33.44%
2017> 1000-12.56%
2016> 1000-20.66%
2015> 1000-30.83%
2014> 1000

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.