EcoSynthetix
ECO.TO
#8205
Rank
C$0.23 B
Marketcap
$4.01
Share price
1.78%
Change (1 day)
14.14%
Change (1 year)

P/E ratio for EcoSynthetix (ECO.TO)

P/E ratio as of November 2024 (TTM): -85.9

According to EcoSynthetix's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -85.9131. At the end of 2023 the company had a P/E ratio of -72.0.

P/E ratio history for EcoSynthetix from 2011 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-72.0-30.1%
2022-1035.82%
2021-97.34.38%
2020-93.3-29.62%
2019-133178.95%
2018-47.5137.5%
2017-20.040.97%
2016-14.2174.95%
2015-5.16-9.35%
2014-5.69-46.18%
2013-10.6-33.3%
2012-15.93366.37%
2011-0.4575

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.