According to Piraeus Financial Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.64347. At the end of 2022 the company had a P/E ratio of 1.90.
Year | P/E ratio | Change |
---|---|---|
2022 | 1.90 | -1747.77% |
2021 | -0.1154 | -85.83% |
2020 | -0.8145 | -118.02% |
2019 | 4.52 | -40424.26% |
2018 | -0.0112 | -99.82% |
2017 | -6.37 | -87.23% |
2016 | -49.9 | 9621.97% |
2015 | -0.5131 | -80.68% |
2014 | -2.66 | -5712.68% |
2013 | 0.0473 | -106.12% |
2012 | -0.7732 | 1837.99% |
2011 | -0.0399 | -99.81% |
2010 | -20.6 | -258.29% |
2009 | 13.0 |
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.