Focusrite
TUNE.L
#8680
Rank
NZ$0.30 B
Marketcap
NZ$5.19
Share price
0.00%
Change (1 day)
-15.76%
Change (1 year)

P/E ratio for Focusrite (TUNE.L)

P/E ratio at the end of 2024: 66.6

According to Focusrite's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2024 the company had a P/E ratio of 66.6.

P/E ratio history for Focusrite from 2015 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202466.6276.27%
202317.7-20.31%
202222.2-36.57%
202135.0-67.09%
2020106337.56%
201924.3-12.25%
201827.736.57%
201720.345.4%
201613.910.83%
201512.6

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.