According to Know Labs's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.11184. At the end of 2022 the company had a P/E ratio of -3.64.
Year | P/E ratio | Change |
---|---|---|
2022 | -3.64 | 71.12% |
2021 | -2.13 | -37.83% |
2020 | -3.42 | -2.86% |
2019 | -3.52 | 54.01% |
2018 | -2.28 | 346.04% |
2017 | -0.5122 | -63.41% |
2016 | -1.40 | -75.74% |
2015 | -5.77 | 1.76% |
2014 | -5.67 | 305% |
2013 | -1.40 | -37.78% |
2012 | -2.25 | 92.86% |
2011 | -1.17 | -85.42% |
2010 | -8.00 | 128.57% |
2009 | -3.50 | 337.5% |
2008 | -0.8000 | 44% |
2007 | -0.5556 | -92.37% |
2006 | -7.29 |
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.