Deezer
DEEZR.PA
#8862
Rank
HK$1.14 B
Marketcap
HK$9.29
Share price
1.99%
Change (1 day)
-19.30%
Change (1 year)
Categories

P/E ratio for Deezer (DEEZR.PA)

P/E ratio at the end of 2024: -6.81

According to Deezer's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -5.46417. At the end of 2024 the company had a P/E ratio of -6.81.

P/E ratio history for Deezer from 2022 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2024-6.8143.77%
2023-4.74132.96%
2022-2.03

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.