3P Learning
3PL.AX
#8577
Rank
โ‚ฌ0.13 B
Marketcap
0,48ย โ‚ฌ
Share price
0.00%
Change (1 day)
-34.86%
Change (1 year)

P/E ratio for 3P Learning (3PL.AX)

P/E ratio at the end of 2023: 45.9

According to 3P Learning's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 33.4148. At the end of 2023 the company had a P/E ratio of 45.9.

P/E ratio history for 3P Learning from 2014 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202345.9-107.68%
2022-5983231.55%
2021-17.9-125.05%
202071.6229.1%
201921.8-372.29%
2018-7.99-53.16%
2017-17.1-171.65%
201623.8-60.96%
201561.040.07%
201443.5

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.