According to Aura Energy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1092.55. At the end of 2021 the company had a P/E ratio of -8.83.
Year | P/E ratio | Change |
---|---|---|
2021 | -8.83 | 447.63% |
2020 | -1.61 | -50.48% |
2019 | -3.25 | -55.43% |
2018 | -7.30 | 120.21% |
2017 | -3.32 |
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.