P/E ratio for Tribal Group (TRB.L)
P/E ratio at the end of 2023: 22.1
According to Tribal Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2023 the company had a P/E ratio of 22.1.
P/E ratio history for Tribal Group from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 22.1 | -108.95% |
| 2022 | -247 | -971.87% |
| 2021 | 28.3 | 11.74% |
| 2020 | 25.3 | -164.82% |
| 2019 | -39.0 | -205.12% |
| 2018 | 37.1 | -36.53% |
| 2017 | 58.5 | -133.52% |
| 2016 | -175 | 41049.8% |
| 2015 | -0.4243 | -97.25% |
| 2014 | -15.4 | -243.83% |
| 2013 | 10.7 | 33.42% |
| 2012 | 8.04 | -642.61% |
| 2011 | -1.48 | 151.59% |
| 2010 | -0.5891 | -40.48% |
| 2009 | -0.9898 | -123.46% |
| 2008 | 4.22 | -161.36% |
| 2007 | -6.88 | -179.21% |
| 2006 | 8.68 | -55.48% |
| 2005 | 19.5 | -120.87% |
| 2004 | -93.4 | -366.61% |
| 2003 | 35.0 | -25.42% |
| 2002 | 47.0 | -93.92% |
| 2001 | 773 |
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.