According to ecotel communication's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.14482. At the end of 2023 the company had a P/E ratio of 8.14.
Year | P/E ratio | Change |
---|---|---|
2023 | 8.14 | 408.29% |
2022 | 1.60 | -94.36% |
2021 | 28.4 | -22.09% |
2020 | 36.4 | -127.6% |
2019 | -132 | -328.8% |
2018 | 57.7 | -30.1% |
2017 | 82.5 | 148.24% |
2016 | 33.3 | 82.08% |
2015 | 18.3 | -38.88% |
2014 | 29.9 | 87.87% |
2013 | 15.9 | -316.15% |
2012 | -7.36 | -144.46% |
2011 | 16.5 | -89.98% |
2010 | 165 | -21.33% |
2009 | 210 | -6256.16% |
2008 | -3.41 | -141.21% |
2007 | 8.28 | -56.72% |
2006 | 19.1 |
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.