Thryv
THRY
#6356
Rank
C$0.85 B
Marketcap
$19.66
Share price
-1.27%
Change (1 day)
-22.95%
Change (1 year)

P/E ratio for Thryv (THRY)

P/E ratio as of November 2024 (TTM): -9.20

According to Thryv's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -9.20395. At the end of 2022 the company had a P/E ratio of 11.9.

P/E ratio history for Thryv from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.9-12.26%
202113.6377.71%
20202.85-64.95%
20198.13-28.35%
201811.4

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.