P/E ratio for Netmarble Joybomb (6468.TWO)
P/E ratio at the end of 2021: 9.74
According to Netmarble Joybomb's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2021 the company had a P/E ratio of 9.74.
P/E ratio history for Netmarble Joybomb from 2014 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 9.74 | -96.85% |
| 2020 | 309 | -475.6% |
| 2019 | -82.3 | -534.05% |
| 2018 | 19.0 | 252.93% |
| 2017 | 5.37 | -77.6% |
| 2016 | 24.0 | -38.09% |
| 2015 | 38.7 | 71.54% |
| 2014 | 22.6 |
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.