According to Zegona Communications's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3641.98. At the end of 2023 the company had a P/E ratio of -14.3.
Year | P/E ratio | Change |
---|---|---|
2023 | -14.3 | 798.64% |
2022 | -1.60 | -174.69% |
2021 | 2.14 | -88.82% |
2020 | 19.1 | 210.38% |
2019 | 6.16 | -64.53% |
2018 | 17.4 | 164.34% |
2017 | 6.57 | -112.66% |
2016 | -51.9 | 535.83% |
2015 | -8.16 |
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.