Filtronic
FTC.L
#7865
Rank
NZ$0.35 B
Marketcap
$1.58
Share price
-2.67%
Change (1 day)
364.64%
Change (1 year)

P/E ratio for Filtronic (FTC.L)

P/E ratio at the end of 2023: 61.7

According to Filtronic's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 34500.8. At the end of 2023 the company had a P/E ratio of 61.7.

P/E ratio history for Filtronic from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202361.7314.61%
202214.9-94.57%
2021274-2590.87%
2020-11.0-10.63%
2019-12.3-181.85%
201815.172.75%
20178.72-392.81%
2016-2.98212.45%
2015-0.9529-91.54%
2014-11.3-106.19%
2013182-66.56%
2012545-20810.1%
2011-2.63-84.49%
2010-16.9-1149.82%
20091.61-164.5%
2008-2.50-277.4%
20071.41-91.44%
200616.543.69%
200511.5-113.21%
2004-86.8-234.04%
200364.8-187.79%
2002-73.8552.05%
2001-11.3

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.