According to AlphaPolis's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.37725. At the end of 2022 the company had a P/E ratio of 14.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 14.8 | -47.98% |
2021 | 28.4 | 2.55% |
2020 | 27.7 | -4.06% |
2019 | 28.8 | 1.13% |
2018 | 28.5 | -11.43% |
2017 | 32.2 | 32.12% |
2016 | 24.4 | -9.53% |
2015 | 26.9 |
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.