According to Premium Brands's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.6226. At the end of 2022 the company had a P/E ratio of 22.9.
Year | P/E ratio | Change |
---|---|---|
2022 | 22.9 | -44.71% |
2021 | 41.5 | -11.93% |
2020 | 47.1 | 21.09% |
2019 | 38.9 | 56.3% |
2018 | 24.9 | -34.67% |
2017 | 38.1 | 30.83% |
2016 | 29.1 | -64.19% |
2015 | 81.3 | 73.03% |
2014 | 47.0 | 24.29% |
2013 | 37.8 | 60.83% |
2012 | 23.5 | -5.46% |
2011 | 24.9 | 20.88% |
2010 | 20.6 | 61.63% |
2009 | 12.7 | 92.87% |
2008 | 6.60 |
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.