According to Incap Oyj's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -296.437. At the end of 2023 the company had a P/E ratio of 11.4.
Year | P/E ratio | Change |
---|---|---|
2023 | 11.4 | -37.59% |
2022 | 18.2 | -16.57% |
2021 | 21.8 | 138.74% |
2020 | 9.13 | -9.33% |
2019 | 10.1 | 84.92% |
2018 | 5.45 | -36.63% |
2017 | 8.60 | -22.85% |
2016 | 11.1 | -26.19% |
2015 | 15.1 | 41.52% |
2014 | 10.7 | -1554.57% |
2013 | -0.7333 | -3.51% |
2012 | -0.7600 | -62% |
2011 | -2.00 | 15.79% |
2010 | -1.73 | 41.79% |
2009 | -1.22 | -2.55% |
2008 | -1.25 | -91.67% |
2007 | -15.0 | -15637.86% |
2006 | 0.0965 | -97.68% |
2005 | 4.16 | -1.58% |
2004 | 4.22 | -146.91% |
2003 | -9.00 | 170.55% |
2002 | -3.33 |
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.