P/E ratio for PennantPark Investment (PNNT)
P/E ratio as of May 2024 (TTM): -5.73
According to PennantPark Investment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.73171. At the end of 2022 the company had a P/E ratio of -3.11.
P/E ratio history for PennantPark Investment from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -3.11 | -181.18% |
| 2021 | 3.83 | -55.98% |
| 2020 | 8.70 | -42.72% |
| 2019 | 15.2 | 43.04% |
| 2018 | 10.6 | 7.55% |
| 2017 | 9.87 | 50.78% |
| 2016 | 6.55 | -139.2% |
| 2015 | -16.7 | -231.45% |
| 2014 | 12.7 | 69.79% |
| 2013 | 7.48 | -10.19% |
| 2012 | 8.33 | -104.13% |
| 2011 | -202 | -1648.51% |
| 2010 | 13.0 | 418.65% |
| 2009 | 2.51 | -301.15% |
| 2008 | -1.25 | -83.42% |
| 2007 | -7.53 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Oxford Square Capital
OXSQ | -7.83 | 36.67% | 🇺🇸 USA |
 Oxford Lane Capital OXLC | N/A | N/A | 🇺🇸 USA |
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.