According to Artifex Mundi's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.1092. At the end of 2021 the company had a P/E ratio of 8.87.
Year | P/E ratio | Change |
---|---|---|
2021 | 8.87 | -27.95% |
2020 | 12.3 | -565.17% |
2019 | -2.65 | -86.26% |
2018 | -19.3 | -18.02% |
2017 | -23.5 | -157.46% |
2016 | 40.9 |
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.