P/E ratio for ManyDev Studio (MAN.WA)
P/E ratio as of April 2024 (TTM): -6.95
According to ManyDev Studio's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.95034. At the end of 2022 the company had a P/E ratio of -5.06.
P/E ratio history for ManyDev Studio from 2013 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -5.06 | -79.76% |
| 2021 | -25.0 | -73.69% |
| 2020 | -95.0 | -2002.58% |
| 2019 | 4.99 | -141.56% |
| 2018 | -12.0 | -136.43% |
| 2017 | 33.0 | -279.2% |
| 2016 | -18.4 | 3423.72% |
| 2015 | -0.5224 | -64.5% |
| 2014 | -1.47 | -40.85% |
| 2013 | -2.49 |
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.