P/E ratio for Dexco (DXCO3.SA)
P/E ratio as of May 2024 (TTM): 10.3
According to Dexco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.2691. At the end of 2022 the company had a P/E ratio of 7.33.
P/E ratio history for Dexco from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.33 | 17.34% |
| 2021 | 6.24 | -76.4% |
| 2020 | 26.5 | -6.92% |
| 2019 | 28.4 | 46.84% |
| 2018 | 19.4 | -43.56% |
| 2017 | 34.3 | -82.55% |
| 2016 | 197 | 836.44% |
| 2015 | 21.0 | 58% |
| 2014 | 13.3 | -4.98% |
| 2013 | 14.0 | -21.54% |
| 2012 | 17.8 | 37.34% |
| 2011 | 13.0 | -1.55% |
| 2010 | 13.2 | -10.39% |
| 2009 | 14.7 |
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.