Pason Systems
PSI.TO
#6036
Rank
C$1.06 B
Marketcap
$13.34
Share price
1.83%
Change (1 day)
-15.18%
Change (1 year)

P/E ratio for Pason Systems (PSI.TO)

P/E ratio as of December 2024 (TTM): 6.39

According to Pason Systems's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.39. At the end of 2023 the company had a P/E ratio of 13.4.

P/E ratio history for Pason Systems from 2001 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202313.49.83%
202212.2-56.35%
202127.9-71.41%
202097.5359.77%
201921.2-14.81%
201824.9-58.95%
201760.6-251.27%
2016-40.1-64.53%
2015-113-808.2%
201416.0-79.79%
201379.0119.22%
201236.0215.18%
201111.4-63.81%
201031.6-119.54%
2009-162-1022.21%
200817.5-0.18%
200717.69.86%
200616.0-27.03%
200521.95.11%
200420.812.57%
200318.5-14.96%
200221.8117.59%
200110.0

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.