P/E ratio for Playtech (PTEC.L)
P/E ratio at the end of 2022: 20.8
According to Playtech's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1916.43. At the end of 2022 the company had a P/E ratio of 20.8.
P/E ratio history for Playtech from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 20.8 | 470.64% |
| 2021 | 3.64 | -182.35% |
| 2020 | -4.42 | -93.65% |
| 2019 | -69.7 | -732.56% |
| 2018 | 11.0 | -5.03% |
| 2017 | 11.6 | -28.91% |
| 2016 | 16.3 | -25.13% |
| 2015 | 21.8 | 47.99% |
| 2014 | 14.7 | 267.15% |
| 2013 | 4.01 | -70.76% |
| 2012 | 13.7 | 57% |
| 2011 | 8.74 | -56.44% |
| 2010 | 20.1 | 10.31% |
| 2009 | 18.2 | -18.34% |
| 2008 | 22.3 | -13.58% |
| 2007 | 25.8 | 142.23% |
| 2006 | 10.6 |
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.