P/E ratio for Quest Resource Holding (QRHC)
P/E ratio as of May 2024 (TTM): -23.9
According to Quest Resource Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -23.875. At the end of 2022 the company had a P/E ratio of -19.7.
P/E ratio history for Quest Resource Holding from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -19.7 | -125.56% |
| 2021 | 77.1 | 66.91% |
| 2020 | 46.2 | -106.13% |
| 2019 | -753 | 8762.15% |
| 2018 | -8.50 | 40.43% |
| 2017 | -6.05 | 35.88% |
| 2016 | -4.45 | -59.65% |
| 2015 | -11.0 | -15.67% |
| 2014 | -13.1 | 37.14% |
| 2013 | -9.55 | |
| 2011 | -97.5 | 1324.18% |
| 2010 | -6.85 | -54.36% |
| 2009 | -15.0 |
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.