P/E ratio for Prospect Capital (PSEC)
P/E ratio as of April 2024 (TTM): -12.6
According to Prospect Capital's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -12.6047. At the end of 2022 the company had a P/E ratio of 46.6.
P/E ratio history for Prospect Capital from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 46.6 | 1252.01% |
| 2021 | 3.45 | -24.82% |
| 2020 | 4.58 | -73.66% |
| 2019 | 17.4 | 37.92% |
| 2018 | 12.6 | 4.85% |
| 2017 | 12.0 | 42.7% |
| 2016 | 8.43 | -62.54% |
| 2015 | 22.5 | 158.96% |
| 2014 | 8.69 | -9.33% |
| 2013 | 9.59 | 10.28% |
| 2012 | 8.70 | 50.71% |
| 2011 | 5.77 | -26.8% |
| 2010 | 7.88 | -98% |
| 2009 | 394 | 5326.48% |
| 2008 | 7.25 | -57.2% |
| 2007 | 16.9 | 86% |
| 2006 | 9.11 | 2.79% |
| 2005 | 8.86 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Oxford Square Capital
OXSQ | -7.45 | -40.88% | 🇺🇸 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.