According to Net One Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.2718. At the end of 2022 the company had a P/E ratio of 18.0.
Year | P/E ratio | Change |
---|---|---|
2022 | 18.0 | -26.94% |
2021 | 24.7 | -6.95% |
2020 | 26.5 | -5.82% |
2019 | 28.1 | -30.78% |
2018 | 40.6 | 67.84% |
2017 | 24.2 | -15.18% |
2016 | 28.5 | -35.45% |
2015 | 44.2 | 98.02% |
2014 | 22.3 | -76.1% |
2013 | 93.4 | 633% |
2012 | 12.7 | 0.49% |
2011 | 12.7 | -43.53% |
2010 | 22.5 | 34.46% |
2009 | 16.7 |
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.