According to Afristrat Investment's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.544359. At the end of 2021 the company had a P/E ratio of -0.6971.
Year | P/E ratio | Change |
---|---|---|
2021 | -0.6971 | |
2019 | -0.6117 | -104.11% |
2018 | 14.9 | |
2015 | 7.79 | -22.02% |
2014 | 9.99 | -48.93% |
2013 | 19.6 | |
2010 | -0.5105 | 12.93% |
2009 | -0.4520 | -16.54% |
2008 | -0.5416 |
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.