P/E ratio for Postmedia Network Canada (PNC-A.TO)
P/E ratio as of May 2024 (TTM): -1.51
According to Postmedia Network Canada's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.50579. At the end of 2022 the company had a P/E ratio of -1.53.
P/E ratio history for Postmedia Network Canada from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -1.53 | -76.27% |
| 2021 | -6.44 | -280.32% |
| 2020 | 3.57 | -118.8% |
| 2019 | -19.0 | 543.08% |
| 2018 | -2.95 | -173.86% |
| 2017 | 4.00 | -139262.26% |
| 2016 | -0.0029 | -97% |
| 2015 | -0.0959 | -74.68% |
| 2014 | -0.3788 | -51.61% |
| 2013 | -0.7829 | -79.3% |
| 2012 | -3.78 |
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.