According to TrueCar's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.90728. At the end of 2022 the company had a P/E ratio of -1.92.
Year | P/E ratio | Change |
---|---|---|
2022 | -1.92 | -78.02% |
2021 | -8.72 | -257.75% |
2020 | 5.53 | -160.5% |
2019 | -9.13 | -71.77% |
2018 | -32.4 | 1.12% |
2017 | -32.0 | 25.44% |
2016 | -25.5 | 108.57% |
2015 | -12.2 | -64.23% |
2014 | -34.2 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
eBay EBAY | 20.9 | -1,195.89% | ๐บ๐ธ USA |
General Motors GM | 6.41 | -436.07% | ๐บ๐ธ USA |
Gannett GCI | -15.1 | 694.17% | ๐บ๐ธ USA |
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.