According to Drรคgerwerk 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.3608. At the end of 2022 the company had a P/E ratio of -10.5.
Year | P/E ratio | Change |
---|---|---|
2022 | -10.5 | -237.82% |
2021 | 7.61 | 9.49% |
2020 | 6.95 | -76.09% |
2019 | 29.1 | 0.18% |
2018 | 29.0 | 82.07% |
2017 | 15.9 | -21.01% |
2016 | 20.2 | -53.37% |
2015 | 43.3 | 283.27% |
2014 | 11.3 | 1.06% |
2013 | 11.2 | 42.6% |
2012 | 7.84 | 17.16% |
2011 | 6.69 | -13.88% |
2010 | 7.77 |
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.