Pets at Home
PETS.L
#4497
Rank
ยฃ1.40 B
Marketcap
ยฃ2.99
Share price
-2.73%
Change (1 day)
-1.02%
Change (1 year)

P/E ratio for Pets at Home (PETS.L)

P/E ratio at the end of 2022: 14.8

According to Pets at Home's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1180.11. At the end of 2022 the company had a P/E ratio of 14.8.

P/E ratio history for Pets at Home from 2014 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202214.8-30.4%
202121.34.24%
202020.4-19.73%
201925.4105.01%
201812.4-0.54%
201712.5-25.31%
201616.79.84%
201515.2-139.14%
2014-38.8

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.