Paramount Global
PARA
#1190
Rank
$13.20 B
Marketcap
$20.17
Share price
0.45%
Change (1 day)
-32.09%
Change (1 year)

P/E ratio for Paramount Global (PARA)

P/E ratio as of December 2022 (TTM): 8.37

According to Paramount Global's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.36929. At the end of 2018 the company had a P/E ratio of 8.41.

P/E ratio history for Paramount Global from 2006 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20188.41-87.17%
201765.6186.46%
201622.941.79%
201516.158.95%
201410.2-50.77%
201320.632.82%
201215.5

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.