According to Quercus TFI's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.8234. At the end of 2023 the company had a P/E ratio of 10.2.
Year | P/E ratio | Change |
---|---|---|
2023 | 10.2 | -17.32% |
2022 | 12.3 | 26.08% |
2021 | 9.76 | -17.32% |
2020 | 11.8 | 72.28% |
2019 | 6.85 | -154.82% |
2018 | -12.5 | -230.73% |
2017 | 9.56 | -19.43% |
2016 | 11.9 | 11.55% |
2015 | 10.6 | -17.34% |
2014 | 12.9 | -8.9% |
2013 | 14.1 | 9.11% |
2012 | 12.9 | 35.95% |
2011 | 9.52 | -56.04% |
2010 | 21.7 |
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.