P/E ratio for Mynet (3928.T)
P/E ratio as of April 2025 (TTM): -1.03
According to Mynet's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.03435. At the end of 2022 the company had a P/E ratio of -1.94.
P/E ratio history for Mynet from 2016 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -1.94 | -108.49% |
| 2021 | 22.9 | 248.6% |
| 2020 | 6.57 | -364.75% |
| 2019 | -2.48 | -45.44% |
| 2018 | -4.55 | -100.42% |
| 2017 | > 1000 | 5206.63% |
| 2016 | 20.3 |
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.