According to Daktronics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.0441. At the end of 2022 the company had a P/E ratio of -5.32.
Year | P/E ratio | Change |
---|---|---|
2022 | -5.32 | -114.25% |
2021 | 37.3 | -139.89% |
2020 | -93.6 | -115.37% |
2019 | 609 | 393.78% |
2018 | 123 | 237.71% |
2017 | 36.5 | -21.5% |
2016 | 46.5 | 38.71% |
2015 | 33.5 | 31.37% |
2014 | 25.5 | -16.96% |
2013 | 30.7 | 24.87% |
2012 | 24.6 | -27.96% |
2011 | 34.2 | -119.32% |
2010 | -177 | -618.57% |
2009 | 34.1 | 198.84% |
2008 | 11.4 | -67.13% |
2007 | 34.7 | -39.22% |
2006 | 57.1 | 54.1% |
2005 | 37.1 | 34.35% |
2004 | 27.6 | -3.45% |
2003 | 28.6 | -1.74% |
2002 | 29.1 | 29.08% |
2001 | 22.5 |
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.