Poseidon Nickel
POS.AX
#10087
Rank
ยฃ8.41 M
Marketcap
ยฃ0.002001
Share price
0.00%
Change (1 day)
-74.43%
Change (1 year)

P/E ratio for Poseidon Nickel (POS.AX)

P/E ratio at the end of 2022: -10.5

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.

P/E ratio history for Poseidon Nickel from 2001 to 2022

2005201020152020-40-2020400companiesmarketcap.com

PE ratio at the end of each year

Year P/E ratio Change
2022-10.5-36.2%
2021-16.4227.81%
2020-5.00-27.59%
2019-6.90103.73%
2018-3.39
2016-0.7442-73.73%
2015-2.83-33.29%
2014-4.2563.26%
2013-2.60-43.58%
2012-4.61-112.31%
201137.5-750.66%
2010-5.76-229.2%
20094.46-886.85%
2008-0.5664-97.71%
2007-24.7-43.17%
2006-43.5166.84%
2005-16.38.71%
2004-15.0651.54%
2003-2.0066%
2002-1.2051.15%
2001-0.7953

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.