Peet Limited
PPC.AX
#6996
Rank
A$0.68 B
Marketcap
$1.47
Share price
3.52%
Change (1 day)
21.92%
Change (1 year)

P/E ratio for Peet Limited (PPC.AX)

P/E ratio at the end of 2023: 7.89

According to Peet Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 9.38552. At the end of 2023 the company had a P/E ratio of 7.89.

P/E ratio history for Peet Limited from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20237.89-1.06%
20227.97-52.71%
202116.9-219.44%
2020-14.1-239.77%
201910.1-9.26%
201811.14.16%
201710.720.68%
20168.85-19.17%
201510.9-13.19%
201412.6-99.01%
2013> 10005207.58%
201224.1111.52%
201111.44.25%
201010.9-54.3%
200923.9283.58%
20086.22-56.22%
200714.2-23.84%
200618.7144.84%
20057.62

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.