According to Creades AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -17.1318. At the end of 2023 the company had a P/E ratio of 17.5.
Year | P/E ratio | Change |
---|---|---|
2023 | 17.5 | -752.21% |
2022 | -2.68 | -158.28% |
2021 | 4.60 | 42.8% |
2020 | 3.22 | -41.34% |
2019 | 5.49 | -7.86% |
2018 | 5.96 | -60.76% |
2017 | 15.2 | 56.56% |
2016 | 9.71 | 89.07% |
2015 | 5.13 | -13.45% |
2014 | 5.93 | 71.8% |
2013 | 3.45 | -114.96% |
2012 | -23.1 |
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.