According to Embracer Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.8484. At the end of 2022 the company had a P/E ratio of 13.2.
Year | P/E ratio | Change |
---|---|---|
2022 | 13.2 | -84.35% |
2021 | 84.6 | -64.7% |
2020 | 240 | 190.18% |
2019 | 82.6 | |
2017 | 42.2 | 49.83% |
2016 | 28.1 |
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.