Aiforia Technologies Oyj
AIFORIA.HE
#8612
Rank
โ‚น9.88 B
Marketcap
โ‚น341.81
Share price
2.40%
Change (1 day)
11.64%
Change (1 year)

P/E ratio for Aiforia Technologies Oyj (AIFORIA.HE)

P/E ratio at the end of 2022: -6.87

According to Aiforia Technologies Oyj's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -8.03871. At the end of 2022 the company had a P/E ratio of -6.87.

P/E ratio history for Aiforia Technologies Oyj from 2021 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-6.87-40.23%
2021-11.5

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.