Thunderful Group
THUNDR.ST
#6397
Rank
$0.12 B
Marketcap
$1.64
Share price
-0.41%
Change (1 day)
-73.55%
Change (1 year)

P/E ratio for Thunderful Group (THUNDR.ST)

P/E ratio as of December 2022 (TTM): 18.9

According to Thunderful Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.926. At the end of 2021 the company had a P/E ratio of 30.1.

P/E ratio history for Thunderful Group from 2021 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202130.1-3.86%
202031.3

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.