Money Forward
3994.T
#4695
Rank
C$2.28 B
Marketcap
$41.81
Share price
-1.38%
Change (1 day)
8.85%
Change (1 year)

P/E ratio for Money Forward (3994.T)

P/E ratio as of November 2024 (TTM): -45.6

According to Money Forward's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -45.6161. At the end of 2023 the company had a P/E ratio of -38.6.

P/E ratio history for Money Forward from 2020 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-38.637.25%
2022-28.1-89.81%
2021-276195.75%
2020-93.4128.26%
2019-40.9-58.15%
2018-97.840.69%
2017-69.5

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.