According to Develia's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.3038. At the end of 2023 the company had a P/E ratio of 7.32.
Year | P/E ratio | Change |
---|---|---|
2023 | 7.32 | 55.1% |
2022 | 4.72 | -45.95% |
2021 | 8.74 | -237.46% |
2020 | -6.35 | -165.05% |
2019 | 9.77 | 43.55% |
2018 | 6.81 | -55.45% |
2017 | 15.3 | 94.87% |
2016 | 7.84 | 5.71% |
2015 | 7.42 | -32.93% |
2014 | 11.1 | 6.59% |
2013 | 10.4 | 33.01% |
2012 | 7.80 | 25.52% |
2011 | 6.21 | -53.18% |
2010 | 13.3 | -175.6% |
2009 | -17.6 | -372.41% |
2008 | 6.44 | -42.57% |
2007 | 11.2 |
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.