P/E ratio for Pacific Smiles Group (PSQ.AX)
P/E ratio at the end of 2024: 37.1
According to Pacific Smiles Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.5984. At the end of 2024 the company had a P/E ratio of 37.1.
P/E ratio history for Pacific Smiles Group from 2015 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 37.1 | -57.54% |
| 2023 | 87.4 | -238.9% |
| 2022 | -62.9 | -309.9% |
| 2021 | 30.0 | -17.32% |
| 2020 | 36.3 | 83.97% |
| 2019 | 19.7 | -39.17% |
| 2018 | 32.4 | 37.32% |
| 2017 | 23.6 | -14.76% |
| 2016 | 27.7 | -21.37% |
| 2015 | 35.2 |
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.