P/E ratio for LightInTheBox Holding (LITB)
P/E ratio as of April 2024 (TTM): -1.46
According to LightInTheBox Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.45842. At the end of 2022 the company had a P/E ratio of -2.54.
P/E ratio history for LightInTheBox Holding from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.54 | -130.22% |
| 2021 | 8.42 | -58.22% |
| 2020 | 20.1 | |
| 2018 | -1.39 | -91.56% |
| 2017 | -16.4 | -22.56% |
| 2016 | -21.2 | 487.69% |
| 2015 | -3.61 | -65.57% |
| 2014 | -10.5 | -84.78% |
| 2013 | -68.9 |
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.