According to Ontrak's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.139218. At the end of 2022 the company had a P/E ratio of -2.07.
Year | P/E ratio | Change |
---|---|---|
2022 | -2.07 | -94.66% |
2021 | -38.8 | -93.93% |
2020 | -639 | 307.59% |
2019 | -157 | -0.69% |
2018 | -158 | 381.16% |
2017 | -32.8 | -20.1% |
2016 | -41.1 | 6.5% |
2015 | -38.6 | 48.16% |
2014 | -26.0 | -48.45% |
2013 | -50.5 | 368.59% |
2012 | -10.8 | 52.32% |
2011 | -7.08 | -25.89% |
2010 | -9.55 | -76.86% |
2009 | -41.3 | 548.72% |
2008 | -6.36 | -85.53% |
2007 | -44.0 | -69.56% |
2006 | -144 | 22.07% |
2005 | -118 | -41.31% |
2004 | -202 | -65.34% |
2003 | -581 |
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.