According to PhenixFIN's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.03422. At the end of 2020 the company had a P/E ratio of -1.01.
Year | P/E ratio | Change |
---|---|---|
2020 | -1.01 | -30.16% |
2019 | -1.45 | -11.44% |
2018 | -1.63 | -69.68% |
2017 | -5.38 | -123.65% |
2016 | 22.8 | |
2013 | 10.7 | 1.76% |
2012 | 10.6 |
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.