According to Zip Co's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.43187. At the end of 2023 the company had a P/E ratio of -0.7376.
Year | P/E ratio | Change |
---|---|---|
2023 | -0.7376 | 224.42% |
2022 | -0.2274 | -95.47% |
2021 | -5.02 | -94.22% |
2020 | -86.9 | 11.22% |
2019 | -78.2 | 741.53% |
2018 | -9.29 | 48.9% |
2017 | -6.24 | -39.19% |
2016 | -10.3 | 342.02% |
2015 | -2.32 | 1594.89% |
2014 | -0.1369 | -87.69% |
2013 | -1.11 | -26.32% |
2012 | -1.51 | -10.01% |
2011 | -1.68 | -66.78% |
2010 | -5.05 |
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.