P/E ratio for Drive Shack (DSHK)
P/E ratio as of April 2025 (TTM): -0.3529
According to Drive Shack's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.352941. At the end of 2021 the company had a P/E ratio of -3.40.
P/E ratio history for Drive Shack from 2003 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | -3.40 | 31.61% |
| 2020 | -2.59 | -36.39% |
| 2019 | -4.07 | -32.57% |
| 2018 | -6.03 | -22.57% |
| 2017 | -7.79 | -319.58% |
| 2016 | 3.55 | -78.26% |
| 2015 | 16.3 |
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.