P/E ratio for Blackboxstocks (BLBX)
P/E ratio as of May 2024 (TTM): -1.70
According to Blackboxstocks's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.70028. At the end of 2022 the company had a P/E ratio of -0.7792.
P/E ratio history for Blackboxstocks from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.7792 | -94.18% |
| 2021 | -13.4 | -82.16% |
| 2020 | -75.0 | 490.91% |
| 2019 | -12.7 | -75.38% |
| 2018 | -51.6 | -38.74% |
| 2017 | -84.2 | 20.24% |
| 2016 | -70.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Anaplan
PLAN | -46.2 | 2,616.09% | 🇺🇸 USA |
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.