United Bankers Oyj
UNITED.HE
#8208
Rank
NZ$0.35 B
Marketcap
$32.16
Share price
-0.84%
Change (1 day)
24.22%
Change (1 year)

P/E ratio for United Bankers Oyj (UNITED.HE)

P/E ratio at the end of 2022: 11.2

According to United Bankers Oyj's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.4953. At the end of 2022 the company had a P/E ratio of 11.2.

P/E ratio history for United Bankers Oyj from 2014 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202211.2-14.64%
202113.1-14.45%
202015.3-18.1%
201918.730.36%
201814.3-27.67%
201719.8-91.06%
20162211028.16%
201519.615.06%
201417.1

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.