P/E ratio for XXL ASA (XXL.OL)
P/E ratio as of April 2025 (TTM): -6.73
According to XXL ASA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.7266. At the end of 2023 the company had a P/E ratio of -43.3.
P/E ratio history for XXL ASA from 2014 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -43.3 | -63.77% |
| 2022 | -120 | -106.57% |
| 2021 | > 1000 | -48.28% |
| 2020 | > 1000 | -603.6% |
| 2019 | -700 | -145.75% |
| 2018 | > 1000 | -33.44% |
| 2017 | > 1000 | -12.56% |
| 2016 | > 1000 | -20.66% |
| 2015 | > 1000 | -30.83% |
| 2014 | > 1000 |
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.