According to ContextLogic (wish.com)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.284894. At the end of 2022 the company had a P/E ratio of -0.8627.
Year | P/E ratio | Change |
---|---|---|
2022 | -0.8627 | -83.91% |
2021 | -5.36 | -5.87% |
2020 | -5.70 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
Amazon AMZN | 92.5 | -32,564.64% | ๐บ๐ธ USA |
eBay EBAY | 19.9 | -7,070.80% | ๐บ๐ธ USA |
Alibaba BABA | 14.6 | -5,238.19% | ๐จ๐ณ China |
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.