P/E ratio for Probi AB (PROB.ST)
P/E ratio as of April 2025 (TTM): 422
According to Probi AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 421.555. At the end of 2023 the company had a P/E ratio of 137.
P/E ratio history for Probi AB from 2011 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 137 | 140.03% |
| 2022 | 57.1 | 4.94% |
| 2021 | 54.5 | 5.03% |
| 2020 | 51.8 | 76.08% |
| 2019 | 29.4 | -47.47% |
| 2018 | 56.1 | -0.09% |
| 2017 | 56.1 | 26.61% |
| 2016 | 44.3 | 68.49% |
| 2015 | 26.3 | 2.21% |
| 2014 | 25.7 | 7.49% |
| 2013 | 23.9 | -14% |
| 2012 | 27.8 | -18.73% |
| 2011 | 34.3 | 2.69% |
| 2010 | 33.4 | -37.88% |
| 2009 | 53.7 | 20.74% |
| 2008 | 44.5 | 232.89% |
| 2007 | 13.4 | -129.07% |
| 2006 | -46.0 | -235.01% |
| 2005 | 34.0 | -19.43% |
| 2004 | 42.3 |
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.