According to Unikai Foods's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.3859. At the end of 2022 the company had a P/E ratio of 39.3.
Year | P/E ratio | Change |
---|---|---|
2022 | 39.3 | 53.55% |
2021 | 25.6 | -66.67% |
2020 | 76.7 | -81.82% |
2019 | 422 | -3249.94% |
2018 | -13.4 | -111.59% |
2017 | 116 | 327.4% |
2016 | 27.0 | 32.56% |
2015 | 20.4 | -953.85% |
2014 | -2.39 |
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.