Devolver Digital
DEVO.L
#7101
Rank
$0.16 B
Marketcap
$0.38
Share price
0.00%
Change (1 day)
22.42%
Change (1 year)

P/E ratio for Devolver Digital (DEVO.L)

P/E ratio at the end of 2021: 29.4

According to Devolver Digital's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 441.12. At the end of 2021 the company had a P/E ratio of 29.4.

P/E ratio history for Devolver Digital from 2021 to 2021

PE ratio at the end of each year

Year P/E ratio Change
202129.4

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.