According to Verkkokauppa.com's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -46.6611. At the end of 2023 the company had a P/E ratio of 51.2.
Year | P/E ratio | Change |
---|---|---|
2023 | 51.2 | -81.94% |
2022 | 284 | 1251.89% |
2021 | 21.0 | -2.8% |
2020 | 21.6 | 3.91% |
2019 | 20.8 | 3.09% |
2018 | 20.1 | -40.25% |
2017 | 33.7 | 0.5% |
2016 | 33.5 | -44.09% |
2015 | 60.0 | 29.41% |
2014 | 46.4 |
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.