Ultimate Games
ULG.WA
#6884
Rank
$19.68 M
Marketcap
$3.76
Share price
-1.30%
Change (1 day)
-35.73%
Change (1 year)

P/E ratio for Ultimate Games (ULG.WA)

P/E ratio as of December 2022 (TTM): 13.7

According to Ultimate Games's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 13.6688. At the end of 2021 the company had a P/E ratio of 19.7.

P/E ratio history for Ultimate Games from 2019 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202119.7291.68%
20205.04-79.09%
201924.1

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.