According to Linz Textil's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.2878. At the end of 2023 the company had a P/E ratio of 11.5.
Year | P/E ratio | Change |
---|---|---|
2023 | 11.5 | -48.1% |
2022 | 22.2 | -28.4% |
2021 | 31.0 | 1.05% |
2020 | 30.7 | 342.81% |
2019 | 6.94 | -66.8% |
2018 | 20.9 | -69.91% |
2017 | 69.4 | 359.36% |
2016 | 15.1 | -49.53% |
2015 | 30.0 | -137.68% |
2014 | -79.5 | -260.97% |
2013 | 49.4 | 48.81% |
2012 | 33.2 | 104.52% |
2011 | 16.2 | 50.53% |
2010 | 10.8 | -40.51% |
2009 | 18.1 | -44.91% |
2008 | 32.9 | 170.89% |
2007 | 12.1 | 10461.7% |
2006 | 0.1150 |
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.