According to Mobcast's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.39381. At the end of 2022 the company had a P/E ratio of -6.88.
Year | P/E ratio | Change |
---|---|---|
2022 | -6.88 | 240% |
2021 | -2.02 | -59.47% |
2020 | -4.99 | 2.63% |
2019 | -4.87 | 10.69% |
2018 | -4.40 | -50.64% |
2017 | -8.91 | -78.11% |
2016 | -40.7 | 789.27% |
2015 | -4.58 | -106.29% |
2014 | 72.8 | -349.53% |
2013 | -29.2 |
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.