According to Innolux's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.70811. At the end of 2022 the company had a P/E ratio of -4.48.
Year | P/E ratio | Change |
---|---|---|
2022 | -4.48 | -206.52% |
2021 | 4.21 | -95.53% |
2020 | 94.3 | -1862.37% |
2019 | -5.35 | -111.39% |
2018 | 46.9 | 1139.13% |
2017 | 3.79 | -94.54% |
2016 | 69.4 | 563.35% |
2015 | 10.5 | 36.86% |
2014 | 7.64 | -66.28% |
2013 | 22.7 | -579.1% |
2012 | -4.73 | 201.71% |
2011 | -1.57 | -97.33% |
2010 | -58.7 |
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.