Polytec Holding
PYT.VI
#9296
Rank
C$70.17 M
Marketcap
$3.19
Share price
-0.91%
Change (1 day)
-44.69%
Change (1 year)

P/E ratio for Polytec Holding (PYT.VI)

P/E ratio as of November 2024 (TTM): -4.54

According to Polytec Holding's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.54108. At the end of 2023 the company had a P/E ratio of -5.48.

P/E ratio history for Polytec Holding from 2010 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-5.48-88.09%
2022-46.0-314.26%
202121.5-17.1%
202025.9205.37%
20198.4829.11%
20186.57-38.22%
201710.668.68%
20166.30-11.13%
20157.09-29.64%
201410.1-3.5%
201310.464.76%
20126.3480.31%
20113.52-14.01%
20104.09-886.85%
2009-0.5197-101.81%
200828.8439.88%
20075.336139.45%
20060.0853

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.