According to Ekinops's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 25.6471. At the end of 2023 the company had a P/E ratio of 37.9.
Year | P/E ratio | Change |
---|---|---|
2023 | 37.9 | 122.42% |
2022 | 17.0 | -49.5% |
2021 | 33.7 | -21.11% |
2020 | 42.7 | -48.33% |
2019 | 82.7 | -207.86% |
2018 | -76.7 | 568.36% |
2017 | -11.5 | -32.48% |
2016 | -17.0 | 123.22% |
2015 | -7.61 | 93.53% |
2014 | -3.93 | -88.39% |
2013 | -33.9 |
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.