According to UNITED's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.09843. At the end of 2022 the company had a P/E ratio of 13.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 13.6 | 20.76% |
2021 | 11.3 | 78.98% |
2020 | 6.29 | -98.01% |
2019 | 316 | 6939.08% |
2018 | 4.49 | -93.94% |
2017 | 74.1 | 0.84% |
2016 | 73.5 | 153.19% |
2015 | 29.0 | -45.71% |
2014 | 53.5 | -100.44% |
2013 | < -1000 | -100605.09% |
2012 | 12.1 | 81.75% |
2011 | 6.65 | -66.13% |
2010 | 19.6 | -891.88% |
2009 | -2.48 |
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.