According to Digital Bros's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.06356. At the end of 2022 the company had a P/E ratio of 11.0.
Year | P/E ratio | Change |
---|---|---|
2022 | 11.0 | -30.92% |
2021 | 15.9 | 48.94% |
2020 | 10.7 | -78.6% |
2019 | 49.9 | 423.59% |
2018 | 9.53 | -75.22% |
2017 | 38.5 | 284.69% |
2016 | 10.0 | -36.74% |
2015 | 15.8 | 58.58% |
2014 | 9.97 | -158.17% |
2013 | -17.1 | -113.57% |
2012 | 126 | 1595.97% |
2011 | 7.45 | -208.5% |
2010 | -6.86 |
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.