P/E ratio for EcoSynthetix (ECO.TO)
P/E ratio as of April 2025 (TTM): -91.5
According to EcoSynthetix's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -91.4538. At the end of 2023 the company had a P/E ratio of -72.0.
P/E ratio history for EcoSynthetix from 2011 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -72.0 | -30.1% |
| 2022 | -103 | 5.82% |
| 2021 | -97.3 | 4.38% |
| 2020 | -93.3 | -29.62% |
| 2019 | -133 | 178.95% |
| 2018 | -47.5 | 137.5% |
| 2017 | -20.0 | 40.97% |
| 2016 | -14.2 | 174.95% |
| 2015 | -5.16 | -9.35% |
| 2014 | -5.69 | -46.18% |
| 2013 | -10.6 | -33.3% |
| 2012 | -15.9 | 3366.37% |
| 2011 | -0.4575 |
How to read a P/E ratio?
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.