DIRTT Environmental Solutions
DRTT
#9463
Rank
A$53.79 M
Marketcap
$0.51
Share price
0.00%
Change (1 day)
N/A
Change (1 year)

P/E ratio for DIRTT Environmental Solutions (DRTT)

P/E ratio as of November 2024 (TTM): -1.39

According to DIRTT Environmental Solutions's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.39292. At the end of 2022 the company had a P/E ratio of -0.8413.

P/E ratio history for DIRTT Environmental Solutions from 2016 to 2019

PE ratio at the end of each year

Year P/E ratio Change
2022-0.8413-75.69%
2021-3.46-82.26%
2020-19.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.7-1,442.89%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.39 0.00%๐Ÿ‡จ๐Ÿ‡ฆ Canada

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.