P/E ratio for Delegat (DGL.NZ)
P/E ratio at the end of 2021: 22.2
According to Delegat's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.8938. At the end of 2021 the company had a P/E ratio of 22.2.
P/E ratio history for Delegat from 2006 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 22.2 | 10.5% |
| 2020 | 20.0 | -17.66% |
| 2019 | 24.3 | 38.31% |
| 2018 | 17.6 | 22.68% |
| 2017 | 14.3 | 306.81% |
| 2016 | 3.53 | -42.14% |
| 2015 | 6.10 | 68.04% |
| 2014 | 3.63 | -14.55% |
| 2013 | 4.25 | -35.83% |
| 2012 | 6.62 | 43.13% |
| 2011 | 4.62 | -99.42% |
| 2010 | 792 | 10938.03% |
| 2009 | 7.18 | -15.51% |
| 2008 | 8.49 | -30.45% |
| 2007 | 12.2 | -57.04% |
| 2006 | 28.4 |
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.