Quirin Privatbank
QB7.DE
#8362
Rank
โ‚ฌ0.15 B
Marketcap
3,66ย โ‚ฌ
Share price
-2.66%
Change (1 day)
2.24%
Change (1 year)

P/E ratio for Quirin Privatbank (QB7.DE)

P/E ratio at the end of 2023: 16.2

According to Quirin Privatbank's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.7627. At the end of 2023 the company had a P/E ratio of 16.2.

P/E ratio history for Quirin Privatbank from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202316.2-9.26%
202217.910.63%
202116.1-1.59%
202016.442.73%
201911.5-32.12%
201816.9-21.82%
201721.731.26%
201616.59.12%
201515.1-32.05%
201422.3-42.11%
201338.4-154.18%
2012-71.0446%
2011-13.0-107.5%
2010173-1752.7%
2009-10.5147.78%
2008-4.23

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.