According to Unimot's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.1128. At the end of 2023 the company had a P/E ratio of 2.09.
Year | P/E ratio | Change |
---|---|---|
2023 | 2.09 | 6.35% |
2022 | 1.96 | -54.27% |
2021 | 4.29 | -45.14% |
2020 | 7.82 | 106.58% |
2019 | 3.79 | -99.52% |
2018 | 796 | 8863.36% |
2017 | 8.88 | -46.2% |
2016 | 16.5 | 129.61% |
2015 | 7.19 | -47.76% |
2014 | 13.8 | 144.94% |
2013 | 5.62 | -9.93% |
2012 | 6.24 |
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.