Pandora
PNDORA.CO
#1335
Rank
$13.13 B
Marketcap
$160.95
Share price
-2.28%
Change (1 day)
81.37%
Change (1 year)
Pandora is a Danish company in that is active in the jewelry industry.

P/E ratio for Pandora (PNDORA.CO)

P/E ratio as of March 2024 (TTM): 21.5

According to Pandora's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.5078. At the end of 2022 the company had a P/E ratio of 9.01.

P/E ratio history for Pandora from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20229.01-53.5%
202119.4-43.12%
202034.1256.01%
20199.5668.89%
20185.66-56.41%
201713.0-25.77%
201617.5-37.99%
201528.239.84%
201420.218.06%
201317.121.43%
201214.1309.25%
20113.44-84.65%
201022.4

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.