According to Z Holdings 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 17.8358. At the end of 2022 the company had a P/E ratio of 13.1.
Year | P/E ratio | Change |
---|---|---|
2022 | 13.1 | -82.84% |
2021 | 76.1 | 88.79% |
2020 | 40.3 | 50.48% |
2019 | 26.8 | 73.14% |
2018 | 15.5 | -29.11% |
2017 | 21.8 | 4.94% |
2016 | 20.8 | 37.91% |
2015 | 15.1 | -19.65% |
2014 | 18.8 | -28.4% |
2013 | 26.2 | 79.7% |
2012 | 14.6 | -1.26% |
2011 | 14.8 | -26.31% |
2010 | 20.0 | -2.29% |
2009 | 20.5 |
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.