According to Metallus's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.55. At the end of 2023 the company had a P/E ratio of 14.8.
Year | P/E ratio | Change |
---|---|---|
2023 | 14.8 | 11.09% |
2022 | 13.4 | 201.21% |
2021 | 4.44 | |
2019 | -3.20 | -74.04% |
2018 | -12.3 | -19.77% |
2017 | -15.3 | 154.73% |
2016 | -6.02 | 19.32% |
2015 | -5.05 | -131.49% |
2014 | 16.0 |
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.