P/E ratio for Spin Master (TOY.TO)
P/E ratio as of December 2023 (TTM): 0.2381
According to Spin Master's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.238141. At the end of 2022 the company had a P/E ratio of 0.2366.
P/E ratio history for Spin Master from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 0.2366 | -98.78% |
| 2021 | 19.4 | -61.65% |
| 2020 | 50.6 | 3.54% |
| 2019 | 48.8 | 163.36% |
| 2018 | 18.5 | -31.77% |
| 2017 | 27.2 | 12.28% |
| 2016 | 24.2 | -32.49% |
| 2015 | 35.9 |
How to read a P/E ratio?
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.