According to Top Ships's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2010 the company had a P/E ratio of > 1000.
Year | P/E ratio | Change |
---|---|---|
2010 | > 1000 | -2695.93% |
2009 | < -1000 | -119.84% |
2008 | > 1000 | -153.39% |
2007 | < -1000 | -98.75% |
2006 | < -1000 | -530.98% |
2005 | > 1000 | 417014216825.9% |
2004 | 25.8 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() | -2.32 | N/A | ๐บ๐ธ USA |
![]() | 31.2 | N/A | ๐ฌ๐ท Greece |
![]() | 4.41 | N/A | ๐ฌ๐ท Greece |
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.