Toro Corp.
TORO
#9390
Rank
ยฃ41.77 M
Marketcap
๐Ÿ‡จ๐Ÿ‡พ
Country
ยฃ2.19
Share price
0.00%
Change (1 day)
-46.21%
Change (1 year)

P/E ratio for Toro Corp. (TORO)

P/E ratio as of December 2024 (TTM): -1.37

According to Toro Corp.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.37096.

P/E ratio history for Toro Corp. from 2023 to 2023

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.