Artmarket.com
PRC.PA
#9630
Rank
$29.44 M
Marketcap
$4.41
Share price
0.72%
Change (1 day)
-21.19%
Change (1 year)

P/E ratio for Artmarket.com (PRC.PA)

P/E ratio at the end of 2023: 36.2

According to Artmarket.com's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 31.2996. At the end of 2023 the company had a P/E ratio of 36.2.

P/E ratio history for Artmarket.com from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202336.2-40.25%
202260.5-10.71%
202167.836.08%
202049.8-16.73%
201959.8-23.13%
201877.8-38.78%
20171278.04%
201611817.2%
2015100-63.47%
2014275-141.03%
2013-670-138.55%
2012> 1000-35.5%
2011> 1000692.71%
2010340-46.44%
20096342923.79%
200821.0-94.65%
2007392249.38%
2006112

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.