P/E ratio for Text (LiveChat) (TXT.WA)
P/E ratio as of April 2024 (TTM): 15.4
According to Text (LiveChat)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.3908. At the end of 2023 the company had a P/E ratio of 21.6.
P/E ratio history for Text (LiveChat) from 2015 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 21.6 | 3.37% |
| 2022 | 20.9 | -33.87% |
| 2021 | 31.6 | 120.22% |
| 2020 | 14.4 | 16.12% |
| 2019 | 12.4 | -37.17% |
| 2018 | 19.7 | -38.03% |
| 2017 | 31.8 | -5.41% |
| 2016 | 33.6 | -28.05% |
| 2015 | 46.7 | -4.14% |
| 2014 | 48.7 |
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.