P/E ratio for De La Rue (DLAR.L)
P/E ratio at the end of 2024: -8.20
According to De La Rue's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1135.99. At the end of 2024 the company had a P/E ratio of -8.20.
P/E ratio history for De La Rue from 2001 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | -8.20 | 311.14% |
| 2023 | -1.99 | -119.82% |
| 2022 | 10.1 | -82.32% |
| 2021 | 56.9 | 3246.74% |
| 2020 | 1.70 | -93% |
| 2019 | 24.3 | 378.54% |
| 2018 | 5.07 | -68.64% |
| 2017 | 16.2 | -34.72% |
| 2016 | 24.8 | 72.64% |
| 2015 | 14.4 | 8.01% |
| 2014 | 13.3 | -29.7% |
| 2013 | 18.9 | -16.77% |
| 2012 | 22.7 | 143.37% |
| 2011 | 9.33 | -15.86% |
| 2010 | 11.1 | 251.59% |
| 2009 | 3.16 | -68.26% |
| 2008 | 9.94 | -6.7% |
| 2007 | 10.7 | -22.72% |
| 2006 | 13.8 | -3.76% |
| 2005 | 14.3 | -55.88% |
| 2004 | 32.5 | -193.93% |
| 2003 | -34.6 | -436.93% |
| 2002 | 10.3 | -7.7% |
| 2001 | 11.1 |
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.