P/E ratio for Zotefoams (ZTF.L)
P/E ratio at the end of 2023: 17.8
According to Zotefoams's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1288.84. At the end of 2023 the company had a P/E ratio of 17.8.
P/E ratio history for Zotefoams from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | 17.8 | 1.49% |
| 2022 | 17.5 | -59.3% |
| 2021 | 43.0 | 80.62% |
| 2020 | 23.8 | -8.58% |
| 2019 | 26.1 | -35.76% |
| 2018 | 40.6 | 27.97% |
| 2017 | 31.7 | 61.41% |
| 2016 | 19.6 | -24.47% |
| 2015 | 26.0 | 11.88% |
| 2014 | 23.2 | 36.05% |
| 2013 | 17.1 | 29.4% |
| 2012 | 13.2 | 65.35% |
| 2011 | 7.98 | -19.13% |
| 2010 | 9.87 | -20.67% |
| 2009 | 12.4 | 98.08% |
| 2008 | 6.28 | -19.44% |
| 2007 | 7.80 | -59.96% |
| 2006 | 19.5 | 132.08% |
| 2005 | 8.39 | -41.39% |
| 2004 | 14.3 | -46.45% |
| 2003 | 26.7 | 552.07% |
| 2002 | 4.10 | -51.82% |
| 2001 | 8.51 |
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.