P/E ratio for Derwent London (DLN.L)
P/E ratio at the end of 2021: 14.7
According to Derwent London's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2021 the company had a P/E ratio of 14.7.
P/E ratio history for Derwent London from 2001 to 2021
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 14.7 | -134.08% |
| 2020 | -43.2 | -375.84% |
| 2019 | 15.7 | 6.71% |
| 2018 | 14.7 | 36.82% |
| 2017 | 10.7 | -80.77% |
| 2016 | 55.8 | 1083.54% |
| 2015 | 4.72 | 33.51% |
| 2014 | 3.53 | -18.67% |
| 2013 | 4.34 | -45.14% |
| 2012 | 7.92 | 35.21% |
| 2011 | 5.86 | 53.95% |
| 2010 | 3.80 | -109.68% |
| 2009 | -39.3 | 3142.72% |
| 2008 | -1.21 | -113.51% |
| 2007 | 8.97 | 117.87% |
| 2006 | 4.12 | -18.13% |
| 2005 | 5.03 | -12.4% |
| 2004 | 5.74 | -70.9% |
| 2003 | 19.7 | -24.69% |
| 2002 | 26.2 | 20.09% |
| 2001 | 21.8 |
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.