According to Paisalo Digital 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.5684. At the end of 2022 the company had a P/E ratio of 38.8.
Year | P/E ratio | Change |
---|---|---|
2022 | 38.8 | -19.87% |
2021 | 48.4 | -6.85% |
2020 | 51.9 | 45.86% |
2019 | 35.6 | 68.29% |
2018 | 21.2 | 46.89% |
2017 | 14.4 | 5.74% |
2016 | 13.6 | -43.66% |
2015 | 24.2 | 25.84% |
2014 | 19.2 | -27.41% |
2013 | 26.5 | 13.5% |
2012 | 23.3 |
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.