Flotek Industries
FTK
#7890
Rank
ยฃ0.15 B
Marketcap
ยฃ5.37
Share price
6.25%
Change (1 day)
66.05%
Change (1 year)

P/E ratio for Flotek Industries (FTK)

P/E ratio as of November 2024 (TTM): -15.8

According to Flotek Industries's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -15.7867. At the end of 2022 the company had a P/E ratio of -3.08.

P/E ratio history for Flotek Industries from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-3.08-35.89%
2021-4.81335.65%
2020-1.10-98.9%
2019-10011000.92%
2018-0.9008-90.91%
2017-9.91-7.08%
2016-10.7-79.01%
2015-50.8-366.03%
201419.1-49.21%
201337.694.33%
201219.413.09%
201117.1-459.22%
2010-4.77749.01%
2009-0.5615-107.28%
20087.71-83.38%
200746.456.06%
200629.727.82%
200523.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
26.9-270.56%๐Ÿ‡บ๐Ÿ‡ธ USA
32.8-308.05%๐Ÿ‡บ๐Ÿ‡ธ USA
-308 1,852.28%๐Ÿ‡บ๐Ÿ‡ธ USA
12.8-181.03%๐Ÿ‡บ๐Ÿ‡ธ USA
-416 2,538.02%๐Ÿ‡ฌ๐Ÿ‡ง UK
14.6-192.49%๐Ÿ‡บ๐Ÿ‡ธ USA
57.8-466.29%๐Ÿ‡บ๐Ÿ‡ธ USA

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.