According to Prospect Capital's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.77907. At the end of 2022 the company had a P/E ratio of 46.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 46.6 | 1252.01% |
2021 | 3.45 | -24.82% |
2020 | 4.58 | -73.66% |
2019 | 17.4 | 37.92% |
2018 | 12.6 | 4.85% |
2017 | 12.0 | 42.7% |
2016 | 8.43 | -62.54% |
2015 | 22.5 | 158.96% |
2014 | 8.69 | -9.33% |
2013 | 9.59 | 10.28% |
2012 | 8.70 | 50.71% |
2011 | 5.77 | -26.8% |
2010 | 7.88 | -98% |
2009 | 394 | 5326.48% |
2008 | 7.25 | -57.2% |
2007 | 16.9 | 86% |
2006 | 9.11 | 2.79% |
2005 | 8.86 |
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.