According to Palfinger's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.2468. At the end of 2018 the company had a P/E ratio of 13.9.
Year | P/E ratio | Change |
---|---|---|
2018 | 13.9 | -111.96% |
2017 | -116 | -777.43% |
2016 | 17.2 | 14.95% |
2015 | 15.0 | -23.81% |
2014 | 19.6 | -16.39% |
2013 | 23.5 | 55.64% |
2012 | 15.1 | 39.96% |
2011 | 10.8 | -73.82% |
2010 | 41.2 | -155.88% |
2009 | -73.7 | -974.43% |
2008 | 8.43 | -30.86% |
2007 | 12.2 |
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.