Topps Tiles
TPT.L
#9167
Rank
C$0.14 B
Marketcap
C$0.76
Share price
-3.76%
Change (1 day)
5.14%
Change (1 year)

P/E ratio for Topps Tiles (TPT.L)

P/E ratio at the end of 2024: -6.69

According to Topps Tiles's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -624.069. At the end of 2024 the company had a P/E ratio of -6.69.

P/E ratio history for Topps Tiles from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-6.69-120.37%
202332.8223.89%
202210.1-14.13%
202111.8-189.15%
2020-13.2-190.74%
201914.611302.7%
20180.1280-98.82%
201710.9-25.41%
201614.6-25.28%
201519.546.36%
201413.3-14.22%
201315.5101.59%
20127.70-19.05%
20119.512.64%
20109.27-88.42%
200980.01716.56%
20084.41-48.33%
20078.53-41.19%
200614.547.6%
20059.82-16.07%
200411.7-75.44%
200347.6236.16%
200214.2-32.73%
200121.1

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.