P/E ratio for Electreon Wireless (ELWS.TA)
P/E ratio as of March 2025 (TTM): -21.3
According to Electreon Wireless's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -21.2649. At the end of 2023 the company had a P/E ratio of -11.9.
P/E ratio history for Electreon Wireless from 2021 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -11.9 | 248.77% |
| 2022 | -3.41 | -88.49% |
| 2021 | -29.6 | -68.11% |
| 2020 | -92.8 | 122.87% |
| 2019 | -41.6 | 1962.5% |
| 2018 | -2.02 | -93.13% |
| 2017 | -29.4 | -16.67% |
| 2016 | -35.3 | 1649.76% |
| 2015 | -2.01 | 110.12% |
| 2014 | -0.9588 | 30.16% |
| 2013 | -0.7367 | 13.02% |
| 2012 | -0.6518 |
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.