According to ITV plc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 728.8. At the end of 2022 the company had a P/E ratio of 7.31.
Year | P/E ratio | Change |
---|---|---|
2022 | 7.31 | -34.02% |
2021 | 11.1 | -21.69% |
2020 | 14.1 | 14.33% |
2019 | 12.4 | 16.61% |
2018 | 10.6 | -29.92% |
2017 | 15.1 | -19.56% |
2016 | 18.8 | -0.82% |
2015 | 19.0 | 26.57% |
2014 | 15.0 | -15.05% |
2013 | 17.6 | 43.32% |
2012 | 12.3 | 42.25% |
2011 | 8.65 | 2.19% |
2010 | 8.47 | -53.62% |
2009 | 18.3 | -3532.45% |
2008 | -0.5319 | -103.48% |
2007 | 15.3 | 22.84% |
2006 | 12.4 | -18.65% |
2005 | 15.3 | -23% |
2004 | 19.8 | -106.98% |
2003 | -284 |
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.