Demant
DEMANT.CO
#1546
Rank
$10.92 B
Marketcap
$49.55
Share price
0.00%
Change (1 day)
46.60%
Change (1 year)
Categories
William Demant Holding is a medical device company from Denmark. It is specialized in the field of hearing aids and diagnostic instruments.

P/E ratio for Demant (DEMANT.CO)

P/E ratio at the end of 2022: 21.1

According to Demant's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 37.4048. At the end of 2022 the company had a P/E ratio of 21.1.

P/E ratio history for Demant from 2002 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202221.1-29.67%
202130.1-33.23%
202045.032.97%
201933.942.7%
201823.74.72%
201722.7-0.78%
201622.8-6.67%
201524.539.77%
201417.5-2.95%
201318.0-8.84%
201219.83.85%
201119.1-5.14%
201020.1-5.38%
200921.247.05%
200814.4-38.91%
200723.6-9.46%
200626.10.12%
200526.136.41%
200419.1-1.57%
200319.41.52%
200219.1

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.