P/E ratio for DATAGROUP SE (D6H.DE)
P/E ratio as of May 2024 (TTM): 17.2
According to DATAGROUP SE's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.2001. At the end of 2022 the company had a P/E ratio of 22.9.
P/E ratio history for DATAGROUP SE from 2014 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 22.9 | -33.56% |
| 2021 | 34.4 | -81.46% |
| 2020 | 186 | 365.31% |
| 2019 | 39.9 | 107.83% |
| 2018 | 19.2 | -33.01% |
| 2017 | 28.6 | 19.53% |
| 2016 | 24.0 | -0.85% |
| 2015 | 24.2 |
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.