According to technotrans's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.0531. At the end of 2022 the company had a P/E ratio of 19.7.
Year | P/E ratio | Change |
---|---|---|
2022 | 19.7 | -31.79% |
2021 | 28.9 | -16.71% |
2020 | 34.7 | 63.4% |
2019 | 21.3 | 50.94% |
2018 | 14.1 | -44.07% |
2017 | 25.2 | 19.81% |
2016 | 21.0 | 4.5% |
2015 | 20.1 | 45.15% |
2014 | 13.9 | -15.57% |
2013 | 16.4 | 14.12% |
2012 | 14.4 | 59.35% |
2011 | 9.02 | -67.58% |
2010 | 27.8 | -879.59% |
2009 | -3.57 | -55.99% |
2008 | -8.11 | -163.46% |
2007 | 12.8 | -19.5% |
2006 | 15.9 | -0.32% |
2005 | 15.9 | 24.98% |
2004 | 12.7 | -281.6% |
2003 | -7.02 | -157.41% |
2002 | 12.2 | -46.16% |
2001 | 22.7 |
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.