P/E ratio for DAVIDsTEA (DTEAF)
P/E ratio as of May 2024 (TTM): -0.7736
According to DAVIDsTEA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -0.773606. At the end of 2018 the company had a P/E ratio of -1.07.
P/E ratio history for DAVIDsTEA from 2015 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2018 | -1.07 | -91.32% |
| 2017 | -12.3 | -147.7% |
| 2016 | 25.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Starbucks SBUX | 21.0 | -2,810.05% | 🇺🇸 USA |
 Farmer Brothers
FARM | -1.58 | 104.10% | 🇺🇸 USA |
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.