According to Daseke's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.6333. At the end of 2022 the company had a P/E ratio of 7.79.
Year | P/E ratio | Change |
---|---|---|
2022 | 7.79 | -38.67% |
2021 | 12.7 | -93.44% |
2020 | 194 | -29762.87% |
2019 | -0.6529 | -97.16% |
2018 | -23.0 | -151.53% |
2017 | 44.6 | -458.68% |
2016 | -12.4 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
XPO Logistics XPO | 350 | 1,165.16% | ๐บ๐ธ USA |
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.