Palfinger
PFI.F
#5317
Rank
$0.87 B
Marketcap
$25.08
Share price
1.31%
Change (1 day)
-16.46%
Change (1 year)

P/E ratio for Palfinger (PFI.F)

P/E ratio as of March 2024 (TTM): 8.65

According to Palfinger's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.65409. At the end of 2018 the company had a P/E ratio of 13.9.

P/E ratio history for Palfinger from 2007 to 2023

PE ratio at the end of each year

Year P/E ratio Change
201813.9-111.96%
2017-116-777.43%
201617.214.95%
201515.0-23.81%
201419.6-16.39%
201323.555.64%
201215.139.96%
201110.8-73.82%
201041.2-155.92%
2009-73.6-973.87%
20088.43-30.86%
200712.2

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.