According to Poseidon Nickel's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.918174. At the end of 2022 the company had a P/E ratio of -10.5.
Year | P/E ratio | Change |
---|---|---|
2022 | -10.5 | -36.2% |
2021 | -16.4 | 227.81% |
2020 | -5.00 | -27.59% |
2019 | -6.90 | 103.73% |
2018 | -3.39 | |
2016 | -0.7442 | -73.73% |
2015 | -2.83 | -33.29% |
2014 | -4.25 | 63.26% |
2013 | -2.60 | -43.58% |
2012 | -4.61 | -112.31% |
2011 | 37.5 | -750.66% |
2010 | -5.76 | -229.2% |
2009 | 4.46 | -886.85% |
2008 | -0.5664 | -97.71% |
2007 | -24.7 | -43.17% |
2006 | -43.5 | 166.84% |
2005 | -16.3 | 8.71% |
2004 | -15.0 | 651.54% |
2003 | -2.00 | 66% |
2002 | -1.20 | 51.15% |
2001 | -0.7953 |
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.