LINK Mobility Group
LINK.OL
#6510
Rank
C$0.82 B
Marketcap
$2.93
Share price
-0.65%
Change (1 day)
32.30%
Change (1 year)

P/E ratio for LINK Mobility Group (LINK.OL)

P/E ratio as of December 2024 (TTM): 19.0

According to LINK Mobility Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.9973. At the end of 2023 the company had a P/E ratio of 79.0.

P/E ratio history for LINK Mobility Group from 2021 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202379.0-635.48%
2022-14.7-80.11%
2021-74.193.05%
2020-38.4

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.