P/E ratio for Red 5 Limited (RED.AX)
P/E ratio at the end of 2022: -21.1
According to Red 5 Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -39.3059. At the end of 2022 the company had a P/E ratio of -21.1.
P/E ratio history for Red 5 Limited from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -21.1 | 168.89% |
| 2021 | -7.83 | -112.78% |
| 2020 | 61.3 | -199.87% |
| 2019 | -61.4 | 783.26% |
| 2018 | -6.95 | 3262.05% |
| 2017 | -0.2066 | -108.63% |
| 2016 | 2.40 | -328.65% |
| 2015 | -1.05 | -80.14% |
| 2014 | -5.28 | -25.52% |
| 2013 | -7.08 | -90.53% |
| 2012 | -74.8 | 606.72% |
| 2011 | -10.6 | -94.75% |
| 2010 | -202 | 310.65% |
| 2009 | -49.1 | 9.9% |
| 2008 | -44.7 | 215.08% |
| 2007 | -14.2 | -16.43% |
| 2006 | -17.0 | -20.03% |
| 2005 | -21.2 | -18.33% |
| 2004 | -26.0 | 368.36% |
| 2003 | -5.55 | -42.05% |
| 2002 | -9.58 | 10.53% |
| 2001 | -8.66 |
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.