P/E ratio for Freeze Tag (FRZT)
P/E ratio as of May 2024 (TTM): 19.9
According to Freeze Tag's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 19.8933. At the end of 2022 the company had a P/E ratio of 7.48.
P/E ratio history for Freeze Tag from 2017 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.48 | 15.75% |
| 2021 | 6.46 | -210.49% |
| 2020 | -5.85 | -58.85% |
| 2019 | -14.2 | -53.87% |
| 2018 | -30.8 | 13253.67% |
| 2017 | -0.2307 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Electronic Arts EA | 35.2 | 76.70% | 🇺🇸 USA |
 J2 Global
JCOM | N/A | N/A | 🇺🇸 USA |
 ChannelAdvisor
ECOM | 18.7 | -6.14% | 🇺🇸 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.