According to Formula One Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 101.26. At the end of 2024 the company had a P/E ratio of -723.
Year | P/E ratio | Change |
---|---|---|
2024 | -723 | -1003.16% |
2023 | 80.1 | 225.52% |
2022 | 24.6 | -132.56% |
2021 | -75.5 | 361.01% |
2020 | -16.4 | -50.55% |
2019 | -33.1 | -29.24% |
2018 | -46.8 | -271.5% |
2017 | 27.3 | -61.88% |
2016 | 71.6 | -199.41% |
2015 | -72.1 | -82.71% |
2014 | -417 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Salem Media Group
SALM | -0.5476 | -100.54% | ๐บ๐ธ USA |
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.