According to Horizon Technology Finance's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 101.553. At the end of 2022 the company had a P/E ratio of 13.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 13.6 | 19.15% |
2021 | 11.5 | -67.99% |
2020 | 35.8 | 295.75% |
2019 | 9.04 | -9.18% |
2018 | 9.96 | -26.35% |
2017 | 13.5 | -155.2% |
2016 | -24.5 | -321.29% |
2015 | 11.1 | 26.56% |
2014 | 8.74 | -77.23% |
2013 | 38.4 | |
2010 | 8.04 |
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.