Praemium Limited
PPS.AX
#8128
Rank
ยฃ0.16 B
Marketcap
ยฃ0.34
Share price
-6.76%
Change (1 day)
39.17%
Change (1 year)

P/E ratio for Praemium Limited (PPS.AX)

P/E ratio at the end of 2023: 21.3

According to Praemium Limited's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.7918. At the end of 2023 the company had a P/E ratio of 21.3.

P/E ratio history for Praemium Limited from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202321.3316.87%
20225.11-98.2%
2021283958.32%
202026.8-51.86%
201955.6-74.04%
201821423.26%
201717419.32%
2016146-389.94%
2015-50.2335.5%
2014-11.5-428.83%
20133.51-206.34%
2012-3.30-6.79%
2011-3.54-10.79%
2010-3.97151.67%
2009-1.58-44.63%
2008-2.85-67.43%
2007-8.74-80.96%
2006-45.9

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.