Netgem
ALNTG.PA
#9385
Rank
A$60.42 M
Marketcap
$1.80
Share price
-0.45%
Change (1 day)
10.30%
Change (1 year)

P/E ratio for Netgem (ALNTG.PA)

P/E ratio at the end of 2022: 249

According to Netgem's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 249.

P/E ratio history for Netgem from 2004 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022249-871.79%
2021-32.2-905%
20204.00-183.33%
2019-4.80-104.9%
201898.0426.45%
201718.661.87%
201611.5-79%
201554.8-261.82%
2014-33.8-399.29%
201311.35.85%
201210.732.91%
20118.0457.71%
20105.10-28.31%
20097.11181.32%
20082.53-75.55%
200710.3-32.02%
200615.2-30.91%
200522.0-408.77%
2004-7.13

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.