According to Nueva Expresión Textil's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.41076. At the end of 2023 the company had a P/E ratio of -14.5.
Year | P/E ratio | Change |
---|---|---|
2023 | -14.5 | 40.59% |
2022 | -10.3 | -69.18% |
2021 | -33.5 | 388.08% |
2020 | -6.86 | -76.08% |
2019 | -28.7 | 14.55% |
2018 | -25.0 | -85.12% |
2017 | -168 | -107.11% |
2016 | > 1000 | -36398.91% |
2015 | -6.52 | -412.56% |
2014 | 2.08 | -209.58% |
2013 | -1.90 | -66.38% |
2012 | -5.66 | 103.89% |
2011 | -2.78 | -184.92% |
2010 | 3.27 | -406.4% |
2009 | -1.07 | 26.18% |
2008 | -0.8454 | -124.9% |
2007 | 3.39 | -152.21% |
2006 | -6.50 | -98.83% |
2005 | -553 | 2070.62% |
2004 | -25.5 | 378.98% |
2003 | -5.32 |
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.