According to Park Hotels & Resorts 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -45.3148. At the end of 2022 the company had a P/E ratio of 16.4.
Year | P/E ratio | Change |
---|---|---|
2022 | 16.4 | -268.26% |
2021 | -9.73 | 245.02% |
2020 | -2.82 | -115.37% |
2019 | 18.3 | 63.14% |
2018 | 11.2 | 402.68% |
2017 | 2.24 | -94.97% |
2016 | 44.5 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() | -1.67 | -96.32% | ๐บ๐ธ USA |
![]() | 20.7 | -145.62% | ๐บ๐ธ USA |
![]() | 35.8 | -179.04% | ๐บ๐ธ USA |
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.