P/E ratio for Appen (APX.AX)
P/E ratio at the end of 2022: -0.8504
According to Appen's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.229181. At the end of 2022 the company had a P/E ratio of -0.8504.
P/E ratio history for Appen from 2015 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.8504 | -102.64% |
| 2021 | 32.2 | -37.37% |
| 2020 | 51.4 | -42.7% |
| 2019 | 89.7 | 106.26% |
| 2018 | 43.5 | -29.97% |
| 2017 | 62.1 | 85.49% |
| 2016 | 33.5 | 43.63% |
| 2015 | 23.3 |
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.