P/E ratio for Phoenix Group (PHNX.L)
P/E ratio at the end of 2022: -3.56
According to Phoenix Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of -3.56.
P/E ratio history for Phoenix Group from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -3.56 | -51.38% |
| 2021 | -7.31 | -197.9% |
| 2020 | 7.47 | -91.34% |
| 2019 | 86.3 | 884.67% |
| 2018 | 8.76 | -108.08% |
| 2017 | -108 | 376.32% |
| 2016 | -22.8 | -350.46% |
| 2015 | 9.09 | 81.92% |
| 2014 | 4.99 | -40.94% |
| 2013 | 8.46 | 330.84% |
| 2012 | 1.96 | -133.7% |
| 2011 | -5.82 | -122.63% |
| 2010 | 25.7 | 395.17% |
| 2009 | 5.20 |
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.