According to Kartoon Studios's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.273059. At the end of 2022 the company had a P/E ratio of -3.06.
Year | P/E ratio | Change |
---|---|---|
2022 | -3.06 | 26.45% |
2021 | -2.42 | 804.79% |
2020 | -0.2674 | 23.41% |
2019 | -0.2167 | -89.02% |
2018 | -1.97 | -40.54% |
2017 | -3.32 | -2.51% |
2016 | -3.40 | 202.8% |
2015 | -1.12 | -64.92% |
2014 | -3.20 | 350.26% |
2013 | -0.7115 | -61.89% |
2012 | -1.87 |
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.