According to SPARC's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -17.5279. At the end of 2022 the company had a P/E ratio of -26.5.
Year | P/E ratio | Change |
---|---|---|
2022 | -26.5 | -33.4% |
2021 | -39.8 | 52.4% |
2020 | -26.1 | 41.45% |
2019 | -18.5 | -48% |
2018 | -35.5 | -33.49% |
2017 | -53.4 | -31.26% |
2016 | -77.8 | -31.83% |
2015 | -114 | -38.28% |
2014 | -185 | -473.2% |
2013 | 49.5 | -250.59% |
2012 | -32.9 |
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.