According to Dana's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -15.0972. At the end of 2022 the company had a P/E ratio of -9.01.
Year | P/E ratio | Change |
---|---|---|
2022 | -9.01 | -154.07% |
2021 | 16.7 | -117.92% |
2020 | -93.0 | -901.84% |
2019 | 11.6 | 150.05% |
2018 | 4.64 | -89.43% |
2017 | 43.8 | 923.46% |
2016 | 4.28 | -70.51% |
2015 | 14.5 | 30.96% |
2014 | 11.1 | -105.09% |
2013 | -218 | -2627.74% |
2012 | 8.62 | -9.85% |
2011 | 9.57 | -108.89% |
2010 | -108 | 4057.63% |
2009 | -2.59 | 242.3% |
2008 | -0.7558 | -80.13% |
2007 | -3.80 |
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.