Prodware
ALPRO.PA
#9130
Rank
ยฃ61.27 M
Marketcap
ยฃ8.00
Share price
0.00%
Change (1 day)
6.82%
Change (1 year)

P/E ratio for Prodware (ALPRO.PA)

P/E ratio at the end of 2023: -2.56

According to Prodware's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.93275. At the end of 2023 the company had a P/E ratio of -2.56.

P/E ratio history for Prodware from 2009 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-2.56-171.96%
20223.55-528.04%
2021-0.8298-117.85%
20204.65-3.13%
20194.80-28.46%
20186.716.16%
20176.3225.03%
20165.05-49.99%
201510.115.85%
20148.7257.59%
20135.53-21.66%
20127.07232.97%
20112.1290404.12%
20100.0023-99.92%
20092.79

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.