According to Unitronics's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 713.415. At the end of 2023 the company had a P/E ratio of 10.3.
Year | P/E ratio | Change |
---|---|---|
2023 | 10.3 | -10.53% |
2022 | 11.6 | -19.07% |
2021 | 14.3 | 110.01% |
2020 | 6.80 | -89% |
2019 | 61.9 | 507.09% |
2018 | 10.2 | -89.12% |
2017 | 93.7 | -1948.08% |
2016 | -5.07 | -178.12% |
2015 | 6.49 | 21.51% |
2014 | 5.34 | -95.52% |
2013 | 119 | 942.54% |
2012 | 11.4 | 201.1% |
2011 | 3.80 | 142.18% |
2010 | 1.57 | 24.81% |
2009 | 1.26 | -216.4% |
2008 | -1.08 | -169.52% |
2007 | 1.55 | -82.68% |
2006 | 8.96 | -77.33% |
2005 | 39.5 |
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.