P/E ratio for Netgem (ALNTG.PA)
P/E ratio at the end of 2022: 249
According to Netgem's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 249.
P/E ratio history for Netgem from 2004 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 249 | -871.79% |
| 2021 | -32.2 | -905% |
| 2020 | 4.00 | -183.33% |
| 2019 | -4.80 | -104.9% |
| 2018 | 98.0 | 426.45% |
| 2017 | 18.6 | 61.87% |
| 2016 | 11.5 | -79% |
| 2015 | 54.8 | -261.82% |
| 2014 | -33.8 | -399.29% |
| 2013 | 11.3 | 5.85% |
| 2012 | 10.7 | 32.91% |
| 2011 | 8.04 | 57.71% |
| 2010 | 5.10 | -28.31% |
| 2009 | 7.11 | 181.32% |
| 2008 | 2.53 | -75.55% |
| 2007 | 10.3 | -32.02% |
| 2006 | 15.2 | -30.91% |
| 2005 | 22.0 | -408.77% |
| 2004 | -7.13 |
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.