According to REC Silicon's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.499913. At the end of 2022 the company had a P/E ratio of -6.82.
Year | P/E ratio | Change |
---|---|---|
2022 | -6.82 | -76.57% |
2021 | -29.1 | 85.03% |
2020 | -15.7 | 2333.54% |
2019 | -0.6463 | 31.16% |
2018 | -0.4928 | -58.98% |
2017 | -1.20 | -36.32% |
2016 | -1.89 | -72.28% |
2015 | -6.81 | -354.62% |
2014 | 2.67 | -206.29% |
2013 | -2.51 | 640.84% |
2012 | -0.3394 | 5.8% |
2011 | -0.3208 | -101.91% |
2010 | 16.8 | -236.66% |
2009 | -12.3 |
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.