P/E ratio for Tubos Reunidos (TRG.MC)
P/E ratio as of March 2025 (TTM): -2.68
According to Tubos Reunidos's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.6804. At the end of 2023 the company had a P/E ratio of 2.00.
P/E ratio history for Tubos Reunidos from 2012 to 2020
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 2.00 | 102.94% |
| 2022 | 0.9840 | -230.97% |
| 2021 | -0.7513 | 89.26% |
| 2020 | -0.3970 | -51.05% |
| 2019 | -0.8109 | 3.59% |
| 2018 | -0.7828 | -80.59% |
| 2017 | -4.03 | 34.25% |
| 2016 | -3.00 | -52.25% |
| 2015 | -6.29 | -115.4% |
| 2014 | 40.9 | -9.73% |
| 2013 | 45.3 | 53.37% |
| 2012 | 29.5 | 172.97% |
| 2011 | 10.8 | -148.44% |
| 2010 | -22.3 | -106.26% |
| 2009 | 357 | 7934.36% |
| 2008 | 4.44 | -63.13% |
| 2007 | 12.0 | 209.87% |
| 2006 | 3.89 | 1.47% |
| 2005 | 3.83 |
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.