P/E ratio for Sequans Communications (SQNS)
P/E ratio as of April 2024 (TTM): -1.24
According to Sequans Communications's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.24048. At the end of 2022 the company had a P/E ratio of -18.4.
P/E ratio history for Sequans Communications from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -18.4 | 121.8% |
| 2021 | -8.32 | 175.36% |
| 2020 | -3.02 | -0.44% |
| 2019 | -3.03 | 51.67% |
| 2018 | -2.00 | -64.4% |
| 2017 | -5.62 | 20.16% |
| 2016 | -4.68 | 2.4% |
| 2015 | -4.57 | 122.51% |
| 2014 | -2.05 | -16.91% |
| 2013 | -2.47 | 1.3% |
| 2012 | -2.44 | -99.12% |
| 2011 | -278 |
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.