According to Solocal Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.00211383. At the end of 2023 the company had a P/E ratio of -0.0204.
Year | P/E ratio | Change |
---|---|---|
2023 | -0.0204 | -99.93% |
2022 | -30.5 | -557.5% |
2021 | 6.67 | 26.72% |
2020 | 5.26 | -51.22% |
2019 | 10.8 | -414.7% |
2018 | -3.43 | -434.46% |
2017 | 1.02 | -58.14% |
2016 | 2.45 | -75.31% |
2015 | 9.91 | 77.38% |
2014 | 5.59 | 108.27% |
2013 | 2.68 | -19.08% |
2012 | 3.32 | 384.23% |
2011 | 0.6847 | -91.25% |
2010 | 7.82 | -1.56% |
2009 | 7.95 | -29.87% |
2008 | 11.3 | -20.29% |
2007 | 14.2 | 0.96% |
2006 | 14.1 | -39.8% |
2005 | 23.4 | 1.08% |
2004 | 23.1 |
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.