According to Lindblad Expeditions's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.34135. At the end of 2022 the company had a P/E ratio of -3.42.
Year | P/E ratio | Change |
---|---|---|
2022 | -3.42 | -47.13% |
2021 | -6.47 | -24.76% |
2020 | -8.60 | -115.79% |
2019 | 54.5 | 2.41% |
2018 | 53.2 | -208.72% |
2017 | -49.0 | -151.8% |
2016 | 94.5 | -321.15% |
2015 | -42.7 | -30.8% |
2014 | -61.8 | -29.27% |
2013 | -87.3 |
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.