According to Ernst Russ's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.82105. At the end of 2023 the company had a P/E ratio of 2.45.
Year | P/E ratio | Change |
---|---|---|
2023 | 2.45 | -19.23% |
2022 | 3.04 | -76.36% |
2021 | 12.9 | 14.29% |
2020 | 11.2 | -28.8% |
2019 | 15.8 | 267.89% |
2018 | 4.29 | -54.82% |
2017 | 9.50 | 80.89% |
2016 | 5.25 | -60.39% |
2015 | 13.3 | -79.13% |
2014 | 63.6 | 92.66% |
2013 | 33.0 | -1836.88% |
2012 | -1.90 | 100.7% |
2011 | -0.9464 | -110.06% |
2010 | 9.41 | -1782.34% |
2009 | -0.5593 | -79.88% |
2008 | -2.78 | -123.55% |
2007 | 11.8 | 35.14% |
2006 | 8.74 | -6.42% |
2005 | 9.34 |
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.