P/E ratio for The Arena Group (AREN)
P/E ratio as of April 2024 (TTM): -0.1893
According to The Arena Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.189328. At the end of 2022 the company had a P/E ratio of -2.61.
P/E ratio history for The Arena Group from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -2.61 | 48.86% |
| 2021 | -1.75 | 568.66% |
| 2020 | -0.2619 | -65.95% |
| 2019 | -0.7692 | 159.62% |
| 2018 | -0.2963 | -93.29% |
| 2017 | -4.42 | |
| 2015 | -5.00 | 33.33% |
| 2014 | -3.75 | -43.87% |
| 2013 | -6.68 | -319.69% |
| 2012 | 3.04 | -125.34% |
| 2011 | -12.0 | 9.09% |
| 2010 | -11.0 | 37.5% |
| 2009 | -8.00 | 14.29% |
| 2008 | -7.00 |
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.