P/E ratio for Drägerwerk (DRW8.F)
P/E ratio as of April 2024 (TTM): 18.5
According to Drägerwerk 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.5358. At the end of 2022 the company had a P/E ratio of -10.5.
P/E ratio history for Drägerwerk from 2010 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -10.5 | -237.82% |
| 2021 | 7.61 | 9.49% |
| 2020 | 6.95 | -76.09% |
| 2019 | 29.1 | 0.18% |
| 2018 | 29.0 | 82.07% |
| 2017 | 15.9 | -21.01% |
| 2016 | 20.2 | -53.37% |
| 2015 | 43.3 | 283.27% |
| 2014 | 11.3 | 1.06% |
| 2013 | 11.2 | 42.6% |
| 2012 | 7.84 | 17.16% |
| 2011 | 6.69 | -13.88% |
| 2010 | 7.77 |
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.