Pro Medicus
PME.AX
#1088
Rank
HK$134.11 B
Marketcap
HK$1,283
Share price
1.84%
Change (1 day)
148.28%
Change (1 year)

P/E ratio for Pro Medicus (PME.AX)

P/E ratio at the end of 2023: 107

According to Pro Medicus's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 420.624. At the end of 2023 the company had a P/E ratio of 107.

P/E ratio history for Pro Medicus from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202310719.24%
202290.0-44.33%
202116246.96%
2020110-9.37%
2019121123.62%
201854.315.57%
201747.0-24.9%
201662.613.96%
201554.945.17%
201437.8585.71%
20135.51-45.45%
201210.1-50.27%
201120.3130.97%
20108.80-4.23%
20099.19-2.61%
20089.44-31.32%
200713.7-22.89%
200617.86.26%
200516.823.5%
200413.6-24.72%
200318.09.15%
200216.5-22.86%
200121.4

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.