John Mattson Fastighetsföretagen
JOMA.ST
#6981
Rank
HK$3.23 B
Marketcap
HK$42.72
Share price
1.34%
Change (1 day)
15.09%
Change (1 year)
Categories

P/E ratio for John Mattson Fastighetsföretagen (JOMA.ST)

P/E ratio as of November 2024 (TTM): -2.99

According to John Mattson Fastighetsföretagen's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -2.9857. At the end of 2023 the company had a P/E ratio of -1.79.

P/E ratio history for John Mattson Fastighetsföretagen from 2019 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-1.79-109.16%
202219.6275.09%
20215.22-45.36%
20209.55-63.88%
201926.4

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.