According to Yurtec Corporation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -38.9698. At the end of 2024 the company had a P/E ratio of 14.0.
Year | P/E ratio | Change |
---|---|---|
2024 | 14.0 | 57.66% |
2023 | 8.86 | 17.39% |
2022 | 7.55 | -27.6% |
2021 | 10.4 | 2.27% |
2020 | 10.2 | 11.56% |
2019 | 9.13 | 28.15% |
2018 | 7.13 | 17.47% |
2017 | 6.07 | -17.07% |
2016 | 7.32 | 39.93% |
2015 | 5.23 | -42.74% |
2014 | 9.13 | -244.05% |
2013 | -6.34 | 52.85% |
2012 | -4.15 | -99.21% |
2011 | -525 | -1411.88% |
2010 | 40.0 | 209.36% |
2009 | 12.9 | -17.39% |
2008 | 15.7 | -9.68% |
2007 | 17.3 | -18.51% |
2006 | 21.3 | -9.98% |
2005 | 23.6 |
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.