According to Streamwide's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.1431. At the end of 2023 the company had a P/E ratio of 12.7.
Year | P/E ratio | Change |
---|---|---|
2023 | 12.7 | -4.31% |
2022 | 13.3 | -38.5% |
2021 | 21.6 | 20.38% |
2020 | 17.9 | -32.96% |
2019 | 26.7 | -236.03% |
2018 | -19.6 | 245.34% |
2017 | -5.69 | -122.97% |
2016 | 24.8 | -90.63% |
2015 | 264 | 217.33% |
2014 | 83.3 | -281.72% |
2013 | -45.8 | -399.86% |
2012 | 15.3 | 41.92% |
2011 | 10.8 | 2.16% |
2010 | 10.5 | -94.7% |
2009 | 199 |
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.