P/E ratio for Perma-Fix Environmental Services (PESI)
P/E ratio as of May 2024 (TTM): -169
According to Perma-Fix Environmental Services's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -169.143. At the end of 2022 the company had a P/E ratio of -12.2.
P/E ratio history for Perma-Fix Environmental Services from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -12.2 | -113.46% |
| 2021 | 90.4 | 263.53% |
| 2020 | 24.9 | -48.06% |
| 2019 | 47.9 | -344.57% |
| 2018 | -19.6 | 66.32% |
| 2017 | -11.8 | 247.19% |
| 2016 | -3.39 | -91.8% |
| 2015 | -41.3 | 4.52% |
| 2014 | -39.5 | 3943.55% |
| 2013 | -0.9780 | -91.19% |
| 2012 | -11.1 | -204.55% |
| 2011 | 10.6 | -53.11% |
| 2010 | 22.6 | 79.52% |
| 2009 | 12.6 | -59.64% |
| 2008 | 31.3 | -340.38% |
| 2007 | -13.0 | -161.64% |
| 2006 | 21.1 | 1.03% |
| 2005 | 20.9 | -642.06% |
| 2004 | -3.85 | -109.91% |
| 2003 | 38.9 | -22.25% |
| 2002 | 50.0 | -157.69% |
| 2001 | -86.7 |
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.