According to TT Electronics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2023 the company had a P/E ratio of -41.2.
Year | P/E ratio | Change |
---|---|---|
2023 | -41.2 | 63.94% |
2022 | -25.1 | -173.24% |
2021 | 34.3 | -86.21% |
2020 | 249 | 955.44% |
2019 | 23.6 | -4.39% |
2018 | 24.7 | 235.21% |
2017 | 7.36 | -56.24% |
2016 | 16.8 | -22.91% |
2015 | 21.8 | -269.26% |
2014 | -12.9 | -168.22% |
2013 | 18.9 | 132.86% |
2012 | 8.11 | 15.11% |
2011 | 7.05 | -19.32% |
2010 | 8.74 | -283.56% |
2009 | -4.76 | -222.75% |
2008 | 3.88 | -58.75% |
2007 | 9.40 | -2.25% |
2006 | 9.62 | -27.73% |
2005 | 13.3 | 19.81% |
2004 | 11.1 | -101.09% |
2003 | < -1000 | -12070.71% |
2002 | 8.54 | -26.37% |
2001 | 11.6 |
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.