According to Enovis's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -13.4276. At the end of 2022 the company had a P/E ratio of -223.
Year | P/E ratio | Change |
---|---|---|
2022 | -223 | -503.04% |
2021 | 55.3 | -21.82% |
2020 | 70.8 | -1415.6% |
2019 | -5.38 | -152.49% |
2018 | 10.2 | -44.99% |
2017 | 18.6 | -6% |
2016 | 19.8 | 101.22% |
2015 | 9.85 | 0.21% |
2014 | 9.83 | -58.57% |
2013 | 23.7 | -210.7% |
2012 | -21.4 | -113.12% |
2011 | 163 | 472.39% |
2010 | 28.5 | 90.1% |
2009 | 15.0 | -117.63% |
2008 | -85.2 |
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.