P/E ratio for EML Payments (EML.AX)
P/E ratio at the end of 2023: -0.7497
According to EML Payments's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.18988. At the end of 2023 the company had a P/E ratio of -0.7497.
P/E ratio history for EML Payments from 2006 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -0.7497 | -99.15% |
| 2022 | -88.2 | 144.95% |
| 2021 | -36.0 | -75.56% |
| 2020 | -147 | -295.38% |
| 2019 | 75.4 | -40.61% |
| 2018 | 127 | |
| 2016 | > 1000 | 7843.51% |
| 2015 | 25.8 | -391.72% |
| 2014 | -8.84 | 138.85% |
| 2013 | -3.70 | 917.54% |
| 2012 | -0.3637 | -88.41% |
| 2011 | -3.14 | -63.82% |
| 2010 | -8.67 | 1731.91% |
| 2009 | -0.4735 | -81.57% |
| 2008 | -2.57 | -7.1% |
| 2007 | -2.77 | -85.64% |
| 2006 | -19.3 |
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.