P/E ratio for Dicker Data (DDR.AX)
P/E ratio at the end of 2023: 23.3
According to Dicker Data's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.7753. At the end of 2023 the company had a P/E ratio of 23.3.
P/E ratio history for Dicker Data from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 23.3 | 7.49% |
| 2022 | 21.7 | -25.44% |
| 2021 | 29.1 | 19.46% |
| 2020 | 24.3 | 35.15% |
| 2019 | 18.0 | 49.8% |
| 2018 | 12.0 | -12.75% |
| 2017 | 13.8 | 16.49% |
| 2016 | 11.8 | 27.67% |
| 2015 | 9.26 | -60.98% |
| 2014 | 23.7 | 230.44% |
| 2013 | 7.18 | 104.23% |
| 2012 | 3.51 | 30.02% |
| 2011 | 2.70 |
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.