According to Drake and Scull International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0. At the end of 2022 the company had a P/E ratio of -2.27.
Year | P/E ratio | Change |
---|---|---|
2022 | -2.27 | -114.29% |
2021 | 15.9 | 200% |
2020 | 5.30 | -188.89% |
2019 | -5.96 | 5149.98% |
2018 | -0.1136 | -94.23% |
2017 | -1.97 | 243.58% |
2016 | -0.5729 | -61.9% |
2015 | -1.50 | -105.13% |
2014 | 29.3 | 18.51% |
2013 | 24.7 | 14.41% |
2012 | 21.6 | 91.44% |
2011 | 11.3 | -41.07% |
2010 | 19.2 |
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.