According to Megaport Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -147.184. At the end of 2023 the company had a P/E ratio of -111.
Year | P/E ratio | Change |
---|---|---|
2023 | -111 | 582.6% |
2022 | -16.2 | -62.27% |
2021 | -43.0 | 31.66% |
2020 | -32.7 | 52.38% |
2019 | -21.4 | 48.69% |
2018 | -14.4 | 177.33% |
2017 | -5.20 | 19.97% |
2016 | -4.33 |
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.