PolyPeptide Group
PPGN.SW
#5513
Rank
NZ$1.76 B
Marketcap
$53.58
Share price
4.10%
Change (1 day)
53.48%
Change (1 year)

P/E ratio for PolyPeptide Group (PPGN.SW)

P/E ratio at the end of 2022: 112

According to PolyPeptide Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 122.219. At the end of 2022 the company had a P/E ratio of 112.

P/E ratio history for PolyPeptide Group from 2021 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202211219.7%
202193.9

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.