According to Polar Capital Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1100.94. At the end of 2024 the company had a P/E ratio of 10.4.
Year | P/E ratio | Change |
---|---|---|
2024 | 10.4 | -16.05% |
2023 | 12.4 | 7.92% |
2022 | 11.5 | 22.19% |
2021 | 9.43 | 13.28% |
2020 | 8.32 | -3.01% |
2019 | 8.58 | -31.54% |
2018 | 12.5 | -32.03% |
2017 | 18.4 | 25.33% |
2016 | 14.7 | 29.55% |
2015 | 11.4 | -6.18% |
2014 | 12.1 | -27.48% |
2013 | 16.7 | 0.47% |
2012 | 16.6 | 37.38% |
2011 | 12.1 | -46.87% |
2010 | 22.8 | 796.58% |
2009 | 2.54 | -28.5% |
2008 | 3.55 | -67.21% |
2007 | 10.8 |
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.