P/E ratio for Portman Ridge (PTMN)
P/E ratio as of April 2024 (TTM): -9.52
According to Portman Ridge's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.52195. At the end of 2022 the company had a P/E ratio of -10.5.
P/E ratio history for Portman Ridge from 2007 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -10.5 | -231.91% |
| 2021 | 7.96 | 161.77% |
| 2020 | 3.04 | -145.91% |
| 2019 | -6.63 | -50.22% |
| 2018 | -13.3 | -135.12% |
| 2017 | 37.9 | -128.56% |
| 2016 | -133 | 1529.81% |
| 2015 | -8.14 | -152.52% |
| 2014 | 15.5 | 5.11% |
| 2013 | 14.7 | 57.26% |
| 2012 | 9.38 | -49.47% |
| 2011 | 18.6 | -267.75% |
| 2010 | -11.1 | -478.49% |
| 2009 | 2.92 | -342.52% |
| 2008 | -1.21 | -114.56% |
| 2007 | 8.28 |
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.