Zotefoams
ZTF.L
#8185
Rank
HK$1.48 B
Marketcap
HK$30.64
Share price
-0.32%
Change (1 day)
-11.63%
Change (1 year)

P/E ratio for Zotefoams (ZTF.L)

P/E ratio at the end of 2023: 17.3

According to Zotefoams's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1633.34. At the end of 2023 the company had a P/E ratio of 17.3.

P/E ratio history for Zotefoams from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202317.31.49%
202217.1-59.3%
202142.080.62%
202023.2-8.58%
201925.4-35.76%
201839.627.97%
201730.961.41%
201619.2-24.47%
201525.411.88%
201422.736.05%
201316.729.4%
201212.965.35%
20117.79-19.13%
20109.63-20.67%
200912.198.08%
20086.13-19.44%
20077.61-59.96%
200619.0132.08%
20058.19-41.39%
200414.0-46.45%
200326.1552.07%
20024.00-51.82%
20018.31

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.