According to Pricer AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 51.9321. At the end of 2023 the company had a P/E ratio of -22.3.
Year | P/E ratio | Change |
---|---|---|
2023 | -22.3 | -106.13% |
2022 | 363 | 968.17% |
2021 | 34.0 | 1.86% |
2020 | 33.4 | 58.99% |
2019 | 21.0 | 77.15% |
2018 | 11.9 | -51.16% |
2017 | 24.3 | 35.79% |
2016 | 17.9 | -35.99% |
2015 | 27.9 | -326.19% |
2014 | -12.4 | -107.54% |
2013 | 164 | 481.04% |
2012 | 28.2 | 246.09% |
2011 | 8.14 | 494.21% |
2010 | 1.37 | -94.73% |
2009 | 26.0 | 521.74% |
2008 | 4.18 | |
2006 | -14.2 | -37.17% |
2005 | -22.6 | 83.54% |
2004 | -12.3 | -455.88% |
2003 | 3.46 | -11.76% |
2002 | 3.92 |
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.