According to President Chain Store (PSCS)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 24.2161. At the end of 2024 the company had a P/E ratio of 23.8.
Year | P/E ratio | Change |
---|---|---|
2024 | 23.8 | -9.9% |
2023 | 26.4 | -13.34% |
2022 | 30.5 | -5.11% |
2021 | 32.1 | 17.98% |
2020 | 27.2 | -9.69% |
2019 | 30.1 | -1.54% |
2018 | 30.6 | 221.42% |
2017 | 9.52 | -61.01% |
2016 | 24.4 | -5.43% |
2015 | 25.8 | -9.19% |
2014 | 28.4 | 6.43% |
2013 | 26.7 | -2.25% |
2012 | 27.3 | 1.2% |
2011 | 27.0 | 11.04% |
2010 | 24.3 | 25.29% |
2009 | 19.4 | -5.41% |
2008 | 20.5 | -3.03% |
2007 | 21.2 | 12.4% |
2006 | 18.8 |
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.