Dalata Hotel Group
DHG.IR
#5097
Rank
C$2.21 B
Marketcap
C$10.47
Share price
0.00%
Change (1 day)
57.66%
Change (1 year)

P/E ratio for Dalata Hotel Group (DHG.IR)

P/E ratio at the end of 2023: 9.89

According to Dalata Hotel Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.8064. At the end of 2023 the company had a P/E ratio of 9.89.

P/E ratio history for Dalata Hotel Group from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20239.8948.68%
20226.65-105.99%
2021-1111832.77%
2020-5.75-155.02%
201910.48.03%
20189.67-25.98%
201713.1-35.46%
201620.2-35.52%
201531.4-48.92%
201461.5

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.