According to q.beyond's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.03877. At the end of 2023 the company had a P/E ratio of -4.26.
Year | P/E ratio | Change |
---|---|---|
2023 | -4.26 | 48.89% |
2022 | -2.86 | -111.66% |
2021 | 24.5 | -333.02% |
2020 | -10.5 | -690.28% |
2019 | 1.78 | -95.79% |
2018 | 42.3 | 12.44% |
2017 | 37.7 | -493.21% |
2016 | -9.58 | -30.25% |
2015 | -13.7 | 112.76% |
2014 | -6.45 | -128.54% |
2013 | 22.6 | 46.11% |
2012 | 15.5 | 48.12% |
2011 | 10.4 | -43.03% |
2010 | 18.3 | -56.86% |
2009 | 42.5 | -65.73% |
2008 | 124 | -479.59% |
2007 | -32.7 | -73.87% |
2006 | -125 | 450.52% |
2005 | -22.7 | 24.08% |
2004 | -18.3 | 250.3% |
2003 | -5.22 | 1288.52% |
2002 | -0.3762 |
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.