According to Sino AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1078.07. At the end of 2023 the company had a P/E ratio of -66.0.
Year | P/E ratio | Change |
---|---|---|
2023 | -66.0 | -198.38% |
2022 | 67.1 | 179267.91% |
2021 | 0.0374 | -90.04% |
2020 | 0.3754 | -104.21% |
2019 | -8.93 | -30.35% |
2018 | -12.8 | -651.72% |
2017 | 2.32 | -73.96% |
2016 | 8.92 | 96% |
2015 | 4.55 | -55.1% |
2014 | 10.1 | -106.79% |
2013 | -149 | 65.96% |
2012 | -90.0 | -764.08% |
2011 | 13.6 |
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.