P/E ratio for Pandora (PNDORA.CO)
P/E ratio as of April 2025 (TTM): 19.0
According to Pandora's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.9797. At the end of 2022 the company had a P/E ratio of 9.01.
P/E ratio history for Pandora from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.01 | -53.5% |
| 2021 | 19.4 | -43.12% |
| 2020 | 34.1 | 256.01% |
| 2019 | 9.56 | 68.89% |
| 2018 | 5.66 | -56.41% |
| 2017 | 13.0 | -25.77% |
| 2016 | 17.5 | -37.99% |
| 2015 | 28.2 | 39.84% |
| 2014 | 20.2 | 18.06% |
| 2013 | 17.1 | 21.43% |
| 2012 | 14.1 | 309.25% |
| 2011 | 3.44 | -84.65% |
| 2010 | 22.4 |
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.