Tremor International
TRMR
#7256
Rank
NZ$0.65 B
Marketcap
$8.92
Share price
1.01%
Change (1 day)
-6.89%
Change (1 year)

P/E ratio for Tremor International (TRMR)

P/E ratio on March 8, 2024 (TTM): -17.9

According to Tremor International's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -17.9286. At the end of 2022 the company had a P/E ratio of 23.0.

P/E ratio history for Tremor International from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202223.055.09%
202114.9

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.