According to Ceconomy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7148.92. At the end of 2022 the company had a P/E ratio of 8.96.
Year | P/E ratio | Change |
---|---|---|
2022 | 8.96 | 32.36% |
2021 | 6.77 | -182.43% |
2020 | -8.21 | -177.45% |
2019 | 10.6 | -333.01% |
2018 | -4.55 | -211.52% |
2017 | 4.08 | -69.26% |
2016 | 13.3 | 251.48% |
2015 | 3.78 | -89.26% |
2014 | 35.1 | 262.64% |
2013 | 9.69 | -90.09% |
2012 | 97.7 | 1994.74% |
2011 | 4.67 | -29.49% |
2010 | 6.62 | -43.04% |
2009 | 11.6 |
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.