Triterras
TRIRF
#10138
Rank
NZ$0.13 M
Marketcap
$0.001370
Share price
-20.00%
Change (1 day)
-97.25%
Change (1 year)

P/E ratio for Triterras (TRIRF)

P/E ratio at the end of 2022: 1.32

According to Triterras's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.00181818. At the end of 2022 the company had a P/E ratio of 1.32.

P/E ratio history for Triterras from 2021 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20221.32-86.55%
20219.80

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-46.2-2,540,068.54%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.