Fermentalg
ALGAE.PA
#9793
Rank
C$69.07 M
Marketcap
C$0.72
Share price
2.06%
Change (1 day)
54.90%
Change (1 year)
Categories

P/E ratio for Fermentalg (ALGAE.PA)

P/E ratio at the end of 2024: -1.92

According to Fermentalg's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.93769. At the end of 2024 the company had a P/E ratio of -1.92.

P/E ratio history for Fermentalg from 2014 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-1.92124.46%
2023-0.8537-85.57%
2022-5.92-58.26%
2021-14.2285.29%
2020-3.68159.58%
2019-1.42-69.02%
2018-4.58-2.41%
2017-4.696.7%
2016-4.39-64.77%
2015-12.5-1.29%
2014-12.6

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.