Liva Insurance Company
8280.SR
#7832
Rank
ยฃ0.14 B
Marketcap
ยฃ3.66
Share price
0.22%
Change (1 day)
-2.97%
Change (1 year)

P/E ratio for Liva Insurance Company (8280.SR)

P/E ratio as of September 2024 (TTM): -51.6

According to Liva Insurance Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -51.604. At the end of 2016 the company had a P/E ratio of 21.4.

P/E ratio history for Liva Insurance Company from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
201621.4-75.78%
201588.4

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.