According to Sinch 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.08643. At the end of 2022 the company had a P/E ratio of -6.54.
Year | P/E ratio | Change |
---|---|---|
2022 | -6.54 | -107.49% |
2021 | 87.2 | -49.31% |
2020 | 172 | 206.81% |
2019 | 56.1 | 116.89% |
2018 | 25.9 | -7.33% |
2017 | 27.9 | |
2015 | 55.6 |
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.