P/E ratio for Boohoo Group (BOO.L)
P/E ratio at the end of 2023: -8.65
According to Boohoo Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -610.937. At the end of 2023 the company had a P/E ratio of -8.65.
P/E ratio history for Boohoo Group from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | -8.65 | -96.47% |
| 2022 | -245 | -678.65% |
| 2021 | 42.4 | -19.92% |
| 2020 | 53.0 | 23.15% |
| 2019 | 43.0 | -31.82% |
| 2018 | 63.1 | -8.33% |
| 2017 | 68.8 | 89.45% |
| 2016 | 36.3 | 42.84% |
| 2015 | 25.4 | -64.29% |
| 2014 | 71.2 |
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.