According to Wolfspeed's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.577739. At the end of 2022 the company had a P/E ratio of -56.6.
Year | P/E ratio | Change |
---|---|---|
2022 | -56.6 | 85.31% |
2021 | -30.5 | -31.94% |
2020 | -44.9 | 319.52% |
2019 | -10.7 | -28.55% |
2018 | -15.0 | -54.04% |
2017 | -32.6 | -95.8% |
2016 | -776 | 2632.6% |
2015 | -28.4 | -159.77% |
2014 | 47.5 | -26.25% |
2013 | 64.4 | -8.05% |
2012 | 70.0 | 78.15% |
2011 | 39.3 | 13.73% |
2010 | 34.6 | -58.19% |
2009 | 82.7 | 82.32% |
2008 | 45.3 | -4.26% |
2007 | 47.4 | 137.9% |
2006 | 19.9 | -15.6% |
2005 | 23.6 | -27.61% |
2004 | 32.6 | 34.47% |
2003 | 24.2 | -260.07% |
2002 | -15.1 | -93.32% |
2001 | -227 |
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.