According to Superloop Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -23.1532. At the end of 2023 the company had a P/E ratio of -9.81.
Year | P/E ratio | Change |
---|---|---|
2023 | -9.81 | 4.43% |
2022 | -9.39 | -34.99% |
2021 | -14.4 | 27.51% |
2020 | -11.3 | 78.54% |
2019 | -6.35 | -105.95% |
2018 | 107 | -121.77% |
2017 | -490 | 965.82% |
2016 | -46.0 |
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.