According to POET Technologies's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -7.13208. At the end of 2022 the company had a P/E ratio of -5.30.
Year | P/E ratio | Change |
---|---|---|
2022 | -5.30 | -65.67% |
2021 | -15.4 | 23.48% |
2020 | -12.5 | -6.25% |
2019 | -13.3 | 300% |
2018 | -3.33 | -21.57% |
2017 | -4.25 | 6.25% |
2016 | -4.00 | -62.16% |
2015 | -10.6 | -30.68% |
2014 | -15.3 | 52.5% |
2013 | -10.0 | 52.54% |
2012 | -6.56 | 259.5% |
2011 | -1.82 | -30.83% |
2010 | -2.64 | 94.86% |
2009 | -1.35 | 1.47% |
2008 | -1.33 |
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.