IMTE
IMTE
#10078
Rank
A$6.8 M
Marketcap
$1.98
Share price
-0.80%
Change (1 day)
-49.89%
Change (1 year)

P/E ratio for IMTE (IMTE)

P/E ratio at the end of 2021: -99.7

According to IMTE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.44342. At the end of 2021 the company had a P/E ratio of -99.7.

P/E ratio history for IMTE from 2017 to 2021

PE ratio at the end of each year

Year P/E ratio Change
2021-99.7330.45%
2020-23.2-20.88%
2019-29.374.79%
2018-16.7-114.86%
2017113

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.0-550.52%๐Ÿ‡บ๐Ÿ‡ธ USA
22.0-1,000.38%๐Ÿ‡บ๐Ÿ‡ธ USA
-18.0 638.41%๐Ÿ‡บ๐Ÿ‡ธ USA

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.