According to Port of Tauranga's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 35.0853. At the end of 2022 the company had a P/E ratio of 33.3.
Year | P/E ratio | Change |
---|---|---|
2022 | 33.3 | -10.01% |
2021 | 37.0 | -25.14% |
2020 | 49.5 | 41.33% |
2019 | 35.0 | 15.87% |
2018 | 30.2 | 8.25% |
2017 | 27.9 | 3.02% |
2016 | 27.1 | 10.94% |
2015 | 24.4 | 42.47% |
2014 | 17.1 | 43.97% |
2013 | 11.9 | -16.01% |
2012 | 14.2 | 3.1% |
2011 | 13.8 | -27.86% |
2010 | 19.1 | 22.76% |
2009 | 15.5 | 1.64% |
2008 | 15.3 | -14.49% |
2007 | 17.9 | -15.95% |
2006 | 21.3 | 36.91% |
2005 | 15.5 | -15.46% |
2004 | 18.4 | 35.45% |
2003 | 13.6 | -29.2% |
2002 | 19.2 | -21.22% |
2001 | 24.3 |
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.