Flux Power
FLUX
#9412
Rank
A$56.51 M
Marketcap
$3.39
Share price
-7.98%
Change (1 day)
-37.86%
Change (1 year)

P/E ratio for Flux Power (FLUX)

P/E ratio as of November 2024 (TTM): -5.24

According to Flux Power's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.24419. At the end of 2022 the company had a P/E ratio of -6.30.

P/E ratio history for Flux Power from 2020 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2022-6.3052.77%
2021-4.13

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.