According to Total Energy Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.52339. At the end of 2023 the company had a P/E ratio of 7.34.
Year | P/E ratio | Change |
---|---|---|
2023 | 7.34 | -23.28% |
2022 | 9.57 | -101.58% |
2021 | -604 | 12537.54% |
2020 | -4.78 | -117.31% |
2019 | 27.6 | 46.47% |
2018 | 18.8 | -106.34% |
2017 | -297 | 674.6% |
2016 | -38.4 | -178.76% |
2015 | 48.7 | 540.78% |
2014 | 7.60 | -54.84% |
2013 | 16.8 | 70% |
2012 | 9.90 | 25.49% |
2011 | 7.89 | -39.95% |
2010 | 13.1 | -24.59% |
2009 | 17.4 | 308.32% |
2008 | 4.27 | -17.51% |
2007 | 5.17 | -20.71% |
2006 | 6.52 | -56.94% |
2005 | 15.2 | 28.29% |
2004 | 11.8 | 13.08% |
2003 | 10.4 | -19.66% |
2002 | 13.0 | 163.29% |
2001 | 4.94 |
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.