Topps Tiles
TPT.L
#9099
Rank
C$0.16 B
Marketcap
C$0.83
Share price
0.45%
Change (1 day)
14.89%
Change (1 year)

P/E ratio for Topps Tiles (TPT.L)

P/E ratio at the end of 2024: -6.51

According to Topps Tiles's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -674.194. At the end of 2024 the company had a P/E ratio of -6.51.

P/E ratio history for Topps Tiles from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-6.51-120.37%
202331.9223.89%
20229.86-14.13%
202111.5-189.15%
2020-12.9-190.74%
201914.211302.7%
20180.1245-98.82%
201710.6-25.41%
201614.2-25.28%
201519.046.36%
201413.0-14.22%
201315.1101.59%
20127.49-19.05%
20119.262.64%
20109.02-88.42%
200977.91716.56%
20084.29-48.33%
20078.29-41.19%
200614.147.6%
20059.56-16.07%
200411.4-75.44%
200346.4236.16%
200213.8-32.73%
200120.5

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.