ITV plc
ITV.L
#2737
Rank
$3.79 B
Marketcap
$0.94
Share price
0.28%
Change (1 day)
-35.17%
Change (1 year)

P/E ratio for ITV plc (ITV.L)

P/E ratio at the end of 2021: 9.70

According to ITV plc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.40828. At the end of 2021 the company had a P/E ratio of 9.70.

P/E ratio history for ITV plc from 2003 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20219.70-21.69%
202012.414.33%
201910.816.61%
20189.29-29.92%
201713.3-19.56%
201616.5-0.82%
201516.626.57%
201413.1-15.05%
201315.543.32%
201210.842.25%
20117.582.19%
20107.42-53.62%
200916.0-3532.45%
2008-0.4658-103.48%
200713.422.84%
200610.9-18.65%
200513.4-23%
200417.4-106.98%
2003-249

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.