P/E ratio for ITV plc (ITV.L)
P/E ratio at the end of 2022: 7.23
According to ITV plc's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 678.552. At the end of 2022 the company had a P/E ratio of 7.23.
P/E ratio history for ITV plc from 2003 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.23 | -34.02% |
| 2021 | 11.0 | -21.69% |
| 2020 | 14.0 | 14.33% |
| 2019 | 12.2 | 16.61% |
| 2018 | 10.5 | -29.92% |
| 2017 | 15.0 | -19.56% |
| 2016 | 18.6 | -0.82% |
| 2015 | 18.8 | 26.57% |
| 2014 | 14.8 | -15.05% |
| 2013 | 17.5 | 43.32% |
| 2012 | 12.2 | 42.25% |
| 2011 | 8.57 | 2.19% |
| 2010 | 8.38 | -53.62% |
| 2009 | 18.1 | -3532.45% |
| 2008 | -0.5265 | -103.48% |
| 2007 | 15.1 | 22.84% |
| 2006 | 12.3 | -18.65% |
| 2005 | 15.1 | -23% |
| 2004 | 19.6 | -106.98% |
| 2003 | -281 |
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.