P/E ratio for Topps Tiles (TPT.L)
P/E ratio at the end of 2024: -6.36
According to Topps Tiles's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -458.421. At the end of 2024 the company had a P/E ratio of -6.36.
P/E ratio history for Topps Tiles from 2001 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | -6.36 | -120.35% |
| 2023 | 31.3 | 224.89% |
| 2022 | 9.62 | -14.79% |
| 2021 | 11.3 | -189.09% |
| 2020 | -12.7 | -191.1% |
| 2019 | 13.9 | 11286.18% |
| 2018 | 0.1222 | -98.82% |
| 2017 | 10.4 | -25.43% |
| 2016 | 13.9 | -25.14% |
| 2015 | 18.6 | 46.26% |
| 2014 | 12.7 | -14.48% |
| 2013 | 14.8 | 102.31% |
| 2012 | 7.34 | -19.39% |
| 2011 | 9.10 | 3.25% |
| 2010 | 8.82 | -88.4% |
| 2009 | 76.0 | 1717.6% |
| 2008 | 4.18 | -49.23% |
| 2007 | 8.24 | -40.62% |
| 2006 | 13.9 | 47.79% |
| 2005 | 9.39 | -15.61% |
| 2004 | 11.1 | -75.63% |
| 2003 | 45.7 | 236.02% |
| 2002 | 13.6 | -32.75% |
| 2001 | 20.2 |
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.