United Bankers Oyj
UNITED.HE
#8031
Rank
C$0.28 B
Marketcap
$26.45
Share price
-2.19%
Change (1 day)
28.59%
Change (1 year)

P/E ratio for United Bankers Oyj (UNITED.HE)

P/E ratio at the end of 2022: 10.7

According to United Bankers Oyj's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.7423. At the end of 2022 the company had a P/E ratio of 10.7.

P/E ratio history for United Bankers Oyj from 2014 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202210.7-14.64%
202112.5-14.45%
202014.6-18.1%
201917.830.36%
201813.7-27.67%
201718.9-91.06%
20162111028.16%
201518.715.06%
201416.3

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.