Predilife
ALPRE.PA
#9852
Rank
NZ$24.92 M
Marketcap
$6.73
Share price
-2.12%
Change (1 day)
-33.35%
Change (1 year)

P/E ratio for Predilife (ALPRE.PA)

P/E ratio at the end of 2022: -4.96

According to Predilife's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -3.61869. At the end of 2022 the company had a P/E ratio of -4.96.

P/E ratio history for Predilife from 2018 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2022-4.96-23.66%
2021-6.50-30.85%
2020-9.39-5.79%
2019-9.976.21%
2018-9.39

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.