According to Discovery Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.8806. At the end of 2022 the company had a P/E ratio of 13.9.
Year | P/E ratio | Change |
---|---|---|
2022 | 13.9 | -30.11% |
2021 | 19.9 | -96.97% |
2020 | 658 | 5737.78% |
2019 | 11.3 | -7.7% |
2018 | 12.2 | -5.37% |
2017 | 12.9 | -21.52% |
2016 | 16.4 | 86.33% |
2015 | 8.82 | -7.67% |
2014 | 9.56 | -20.89% |
2013 | 12.1 | 113.43% |
2012 | 5.66 | 89.88% |
2011 | 2.98 | -35.11% |
2010 | 4.59 | -4.87% |
2009 | 4.83 | 21.17% |
2008 | 3.98 | -25.32% |
2007 | 5.34 | -10.32% |
2006 | 5.95 | -17.51% |
2005 | 7.21 | 48.45% |
2004 | 4.86 | 87.15% |
2003 | 2.60 | -76.12% |
2002 | 10.9 |
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.