2CRSI
AL2SI.PA
#8776
Rank
NZ$0.16 B
Marketcap
$7.23
Share price
2.94%
Change (1 day)
410.64%
Change (1 year)

P/E ratio for 2CRSI (AL2SI.PA)

P/E ratio at the end of 2023: -2.96

According to 2CRSI's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -4.64623. At the end of 2023 the company had a P/E ratio of -2.96.

P/E ratio history for 2CRSI from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2023-2.96-93.98%
2022-49.1145.73%
2021-20.0
201827.8

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.