Poste Italiane
PST.MI
#1060
Rank
NZ$30.75 B
Marketcap
$23.76
Share price
-0.49%
Change (1 day)
36.00%
Change (1 year)
Categories

P/E ratio for Poste Italiane (PST.MI)

P/E ratio as of November 2024 (TTM): 10.4

According to Poste Italiane 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4332. At the end of 2022 the company had a P/E ratio of 7.77.

P/E ratio history for Poste Italiane from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20227.77-18.29%
20219.515.88%
20208.98-8.38%
20199.8150.68%
20186.51-45.14%
201711.942.23%
20168.34-22.34%
201510.7

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.