P/E ratio (price-to-earnings)
The P/E ratio divides a company’s share price by its earnings per share, showing how much investors pay for each dollar of profit.
The price-to-earnings (P/E) ratio is a share price divided by earnings per share (EPS). A P/E of 20 means the market is paying about $20 for every $1 of the company’s annual profit. It is one of the most widely used valuation measures.
A lower P/E can indicate a cheaper valuation relative to current earnings, but it can also reflect a business the market expects to shrink. A higher P/E often reflects expectations of future growth. P/E is most meaningful when comparing companies within the same industry.
A negative or zero P/E is not "low" — it means the company has negative or no earnings, which is a materially different situation from a low positive P/E. stocks-llm labels these cases distinctly and never treats a negative P/E as "cheap."
A very low P/E can also come from a one-off gain: when at least half of a company's trailing pre-tax income is non-operating (a gain on selling a business or a stake, a fair-value gain), stocks-llm shows the P/E with that label and leaves it out of every P/E ranking and filter, because the multiple says nothing about what the business earns.
Lowest positive P/E in the catalog
Positive earnings only — a negative P/E is not "cheap."
| Company | P/E | Market cap | |
|---|---|---|---|
| 1 | Harworth Group (HWG.L) | 0.65 | $819M |
| 2 | UNITI GROUP INC (UNIT) | 1.43 | $1.3B |
| 3 | SITE CENTERS CORP (SITC) | 1.51 | $191M |
| 4 | COMMUNITY HEALTH SYSTEMS INC (CYH) | 1.54 | $402M |
| 5 | ONITY GROUP INC (ONIT) | 1.63 | $216M |
Live from the catalog, last updated 2026-10-20 — delayed data from SEC EDGAR + market data.
See more terms in the stocks-llm glossary.
Informational only — NOT financial advice. This is an educational definition, not a recommendation to buy or sell anything. Metrics on stocks-llm are delayed data and may be missing or stale. Always verify information independently and consult a qualified financial professional before making any investment decision.