According to Investigator Resources's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -23.4869. At the end of 2021 the company had a P/E ratio of -42.0.
Year | P/E ratio | Change |
---|---|---|
2021 | -42.0 | 4042.58% |
2020 | -1.01 | -66.78% |
2019 | -3.05 | -76.43% |
2018 | -12.9 | 190.26% |
2017 | -4.46 | -92.97% |
2016 | -63.4 | 2444.43% |
2015 | -2.49 | -61.38% |
2014 | -6.45 | -79.14% |
2013 | -30.9 | 247.03% |
2012 | -8.92 | 232.73% |
2011 | -2.68 | -37.77% |
2010 | -4.31 | 74.4% |
2009 | -2.47 | -73.34% |
2008 | -9.26 | -69.98% |
2007 | -30.9 |
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.