According to Lightbridge Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -14.4516. At the end of 2022 the company had a P/E ratio of -5.72.
Year | P/E ratio | Change |
---|---|---|
2022 | -5.72 | 46.68% |
2021 | -3.90 | 229.15% |
2020 | -1.18 | -3.1% |
2019 | -1.22 | 69.94% |
2018 | -0.7196 | -58.12% |
2017 | -1.72 | 111.02% |
2016 | -0.8143 | -81.11% |
2015 | -4.31 | -33.26% |
2014 | -6.46 | 55.89% |
2013 | -4.14 | -5.98% |
2012 | -4.41 | -0.64% |
2011 | -4.43 | -43.74% |
2010 | -7.88 | -5.25% |
2009 | -8.32 | -42.56% |
2008 | -14.5 | 52.45% |
2007 | -9.50 | |
2005 | -2.11 | -51.28% |
2004 | -4.33 |
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.