According to Perma-Pipe International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.2869. At the end of 2022 the company had a P/E ratio of 13.3.
Year | P/E ratio | Change |
---|---|---|
2022 | 13.3 | -89.27% |
2021 | 124 | -995.89% |
2020 | -13.8 | -157.55% |
2019 | 24.1 | -207.2% |
2018 | -22.4 | 251.5% |
2017 | -6.38 | 45.78% |
2016 | -4.38 | -45.1% |
2015 | -7.98 | -144.37% |
2014 | 18.0 | 30.27% |
2013 | 13.8 | -287.38% |
2012 | -7.36 | -34.03% |
2011 | -11.2 | -102.17% |
2010 | 514 | 10492.65% |
2009 | 4.86 | -43.91% |
2008 | 8.66 | -63.48% |
2007 | 23.7 | -7.32% |
2006 | 25.6 | 66.75% |
2005 | 15.3 | -44.71% |
2004 | 27.8 | -2800.57% |
2003 | -1.03 | 47.59% |
2002 | -0.6962 | -104.46% |
2001 | 15.6 |
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.