According to Leonteq's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.6753. At the end of 2023 the company had a P/E ratio of 29.4.
Year | P/E ratio | Change |
---|---|---|
2023 | 29.4 | 433.74% |
2022 | 5.51 | -37.06% |
2021 | 8.75 | -47.98% |
2020 | 16.8 | 51.35% |
2019 | 11.1 | 22.94% |
2018 | 9.04 | -81.49% |
2017 | 48.9 | 31.33% |
2016 | 37.2 | -4.51% |
2015 | 39.0 | 22.59% |
2014 | 31.8 | 66.42% |
2013 | 19.1 | 45.86% |
2012 | 13.1 |
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.