United Bankers Oyj
UNITED.HE
#8310
Rank
โ‚น21.98 B
Marketcap
โ‚น2,019
Share price
0.54%
Change (1 day)
25.25%
Change (1 year)

P/E ratio for United Bankers Oyj (UNITED.HE)

P/E ratio at the end of 2024: 11.6

According to United Bankers Oyj's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.4797. At the end of 2024 the company had a P/E ratio of 11.6.

P/E ratio history for United Bankers Oyj from 2014 to 2024

PE ratio at the end of each year

Year P/E ratio Change
202411.63.66%
202311.24.99%
202210.7-10.87%
202111.9-10.1%
202013.3-18.79%
201916.437.73%
201811.91.17%
201711.7-90.82%
20161281100.44%
201510.714.77%
20149.28

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.