P/E ratio for Encore Capital Group (ECPG)
P/E ratio as of April 2024 (TTM): -110
According to Encore Capital Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -110.385. At the end of 2022 the company had a P/E ratio of 6.15.
P/E ratio history for Encore Capital Group from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.15 | 15.04% |
| 2021 | 5.35 | -7.43% |
| 2020 | 5.78 | -12.24% |
| 2019 | 6.58 | 13.48% |
| 2018 | 5.80 | -55.9% |
| 2017 | 13.2 | 36.84% |
| 2016 | 9.61 | -42.8% |
| 2015 | 16.8 | 51.81% |
| 2014 | 11.1 | -32.81% |
| 2013 | 16.5 | 50.69% |
| 2012 | 10.9 | 27.05% |
| 2011 | 8.61 | -25.12% |
| 2010 | 11.5 | -5.53% |
| 2009 | 12.2 | 1.4% |
| 2008 | 12.0 | -19.42% |
| 2007 | 14.9 | 26.47% |
| 2006 | 11.8 | -5.66% |
| 2005 | 12.5 | -44.89% |
| 2004 | 22.6 | 211.6% |
| 2003 | 7.27 | 1095.93% |
| 2002 | 0.6077 | -455.29% |
| 2001 | -0.1711 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 PRA Group
PRAA | -44.3 | -59.90% | 🇺🇸 USA |
 Performant Financial PFMT | -20.1 | -81.77% | 🇺🇸 USA |
 Atlanticus ATLC | 4.35 | -103.94% | 🇺🇸 USA |
 Credit Acceptance
CACC | 21.4 | -119.40% | 🇺🇸 USA |
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.