According to Lesaka Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.5125. At the end of 2023 the company had a P/E ratio of -7.90.
Year | P/E ratio | Change |
---|---|---|
2023 | -7.90 | 2.47% |
2022 | -7.71 | -23.17% |
2021 | -10.0 | |
2019 | -0.8564 | -90.32% |
2018 | -8.85 | -178.15% |
2017 | 11.3 | 66.7% |
2016 | 6.79 | -5.98% |
2015 | 7.22 | 24.21% |
2014 | 5.82 |
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.