Proximar Seafood
PROXI.OL
#9278
Rank
ยฃ34.86 M
Marketcap
ยฃ0.25
Share price
-1.68%
Change (1 day)
-26.93%
Change (1 year)
Categories

P/E ratio for Proximar Seafood (PROXI.OL)

P/E ratio as of November 2024 (TTM): -2.67

According to Proximar Seafood's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.67226. At the end of 2023 the company had a P/E ratio of -1.53.

P/E ratio history for Proximar Seafood from 2023 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-1.53-74.88%
2022-6.09-44.99%
2021-11.1

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.