DAVIDsTEA
DTEAF
#9958
Rank
$8.74 M
Marketcap
$0.32
Share price
-7.93%
Change (1 day)
-26.14%
Change (1 year)

P/E ratio for DAVIDsTEA (DTEAF)

P/E ratio as of December 2024 (TTM): -1.13

According to DAVIDsTEA's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.12846. At the end of 2018 the company had a P/E ratio of -1.07.

P/E ratio history for DAVIDsTEA from 2015 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2018-1.07-91.32%
2017-12.3-147.7%
201625.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-0.9053-19.77%๐Ÿ‡บ๐Ÿ‡ธ USA
24.6-2,277.20%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.