According to Baader Bank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.63839. At the end of 2023 the company had a P/E ratio of 58.9.
Year | P/E ratio | Change |
---|---|---|
2023 | 58.9 | 148.66% |
2022 | 23.7 | 266.8% |
2021 | 6.46 | 46.38% |
2020 | 4.41 | -105.01% |
2019 | -88.0 | 3111.38% |
2018 | -2.74 | -107.68% |
2017 | 35.7 | -243.54% |
2016 | -24.9 | 57.48% |
2015 | -15.8 | -78.95% |
2014 | -75.0 | -87.83% |
2013 | -617 | -6142.9% |
2012 | 10.2 | -92.66% |
2011 | 139 | -3610.49% |
2010 | -3.96 | -148.6% |
2009 | 8.15 | -26.26% |
2008 | 11.1 | 42.11% |
2007 | 7.78 | 30.6% |
2006 | 5.96 | -68.51% |
2005 | 18.9 | -27.4% |
2004 | 26.1 | -56.58% |
2003 | 60.0 | -8990.98% |
2002 | -0.6748 |
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.