P/E ratio for Doxa AB (DOXA.ST)
P/E ratio as of April 2025 (TTM): 0.3330
According to Doxa AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.33302. At the end of 2023 the company had a P/E ratio of 5.70.
P/E ratio history for Doxa AB from 2014 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 5.70 | -113.08% |
| 2022 | -43.6 | -277.55% |
| 2021 | 24.6 | -450.34% |
| 2020 | -7.01 | -62.5% |
| 2019 | -18.7 | -190.59% |
| 2018 | 20.6 | -565.24% |
| 2017 | -4.44 | -60.08% |
| 2016 | -11.1 | 109.8% |
| 2015 | -5.30 | -58.04% |
| 2014 | -12.6 |
How to read a P/E ratio?
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.