P/E ratio for Spin Master (TOY.TO)
P/E ratio as of March 2023 (TTM): 6.88
According to Spin Master's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.875. At the end of 2021 the company had a P/E ratio of 18.3.
P/E ratio history for Spin Master from 2015 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 18.3 | -61.88% |
| 2020 | 48.0 | 3.37% |
| 2019 | 46.4 | 148.11% |
| 2018 | 18.7 | -25.97% |
| 2017 | 25.3 | 5.15% |
| 2016 | 24.0 | -29.06% |
| 2015 | 33.9 |
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.