According to PennantPark Investment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.79675. At the end of 2022 the company had a P/E ratio of -3.11.
Year | P/E ratio | Change |
---|---|---|
2022 | -3.11 | -181.18% |
2021 | 3.83 | -55.98% |
2020 | 8.70 | -42.72% |
2019 | 15.2 | 43.04% |
2018 | 10.6 | 7.55% |
2017 | 9.87 | 50.78% |
2016 | 6.55 | -139.2% |
2015 | -16.7 | -231.45% |
2014 | 12.7 | 69.79% |
2013 | 7.48 | -10.19% |
2012 | 8.33 | -104.13% |
2011 | -202 | -1648.51% |
2010 | 13.0 | 418.65% |
2009 | 2.51 | -301.15% |
2008 | -1.25 | -83.42% |
2007 | -7.53 |
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.