According to Erbud's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.87341. At the end of 2022 the company had a P/E ratio of 49.1.
Year | P/E ratio | Change |
---|---|---|
2022 | 49.1 | -33.88% |
2021 | 74.2 | 881.55% |
2020 | 7.56 | 7.88% |
2019 | 7.01 | -217.82% |
2018 | -5.95 | -151.73% |
2017 | 11.5 | -96.7% |
2016 | 349 | 3026.9% |
2015 | 11.2 | -9.11% |
2014 | 12.3 | -50.9% |
2013 | 25.0 | 143.66% |
2012 | 10.3 | -212.34% |
2011 | -9.13 | -114.92% |
2010 | 61.2 | 317.49% |
2009 | 14.7 | -53.85% |
2008 | 31.8 | -4.38% |
2007 | 33.2 |
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.