According to Globalstar 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.52945. At the end of 2021 the company had a P/E ratio of -19.3.
Year | P/E ratio | Change |
---|---|---|
2021 | -19.3 | 184.31% |
2020 | -6.80 | -105.58% |
2019 | 122 | |
2017 | -14.6 | 21.96% |
2016 | -11.9 | -149.73% |
2015 | 24.0 | -580% |
2014 | -5.00 | 231.43% |
2013 | -1.51 | 41.13% |
2012 | -1.07 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Dish Network
DISH | 2.43 | -125.45% | ๐บ๐ธ USA |
![]() Orbcomm
ORBC | N/A | N/A | ๐บ๐ธ USA |
![]() Comtech Telecommunications CMTL | -12.2 | 28.42% | ๐บ๐ธ USA |
![]() Iridium Communications IRDM | 469 | -5,017.66% | ๐บ๐ธ USA |
![]() EchoStar SATS | 8.92 | -193.65% | ๐บ๐ธ USA |
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.