P/E ratio for freelancer.com (FLN.AX)
P/E ratio at the end of 2022: -20.2
According to freelancer.com's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -17.0988. At the end of 2022 the company had a P/E ratio of -20.2.
P/E ratio history for freelancer.com from 2013 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -20.2 | -79.5% |
| 2021 | -98.6 | -65.51% |
| 2020 | -286 | 84.09% |
| 2019 | -155 | -36.57% |
| 2018 | -245 | 530.81% |
| 2017 | -38.8 | -89.01% |
| 2016 | -353 | 39.73% |
| 2015 | -253 | 131.64% |
| 2014 | -109 | -120.39% |
| 2013 | 535 |
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.