P/E ratio for IsoEnergy (ISO.V)
P/E ratio as of April 2024 (TTM): -59.4
According to IsoEnergy's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -59.4049. At the end of 2022 the company had a P/E ratio of -41.6.
P/E ratio history for IsoEnergy from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -41.6 | 77.85% |
| 2021 | -23.4 | 45.01% |
| 2020 | -16.1 | 61.19% |
| 2019 | -10.0 | -37.5% |
| 2018 | -16.0 | 62.71% |
| 2017 | -9.83 |
How to read a P/E ratio?
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.