Parrot S.A.
PARRO.PA
#9020
Rank
$88.11 M
Marketcap
$2.88
Share price
10.80%
Change (1 day)
8.29%
Change (1 year)

P/E ratio for Parrot S.A. (PARRO.PA)

P/E ratio as of December 2024 (TTM): -0.7408

According to Parrot S.A.'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.740811. At the end of 2016 the company had a P/E ratio of -3.94.

P/E ratio history for Parrot S.A. from 2012 to 2019

PE ratio at the end of each year

Year P/E ratio Change
2016-3.94

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.