P/E ratio for Paramount Global (PARA)
P/E ratio as of April 2024 (TTM): -6.74
According to Paramount Global's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -6.74468. At the end of 2022 the company had a P/E ratio of 10.5.
P/E ratio history for Paramount Global from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.5 | 143.87% |
| 2021 | 4.30 | -54.65% |
| 2020 | 9.48 | 8.66% |
| 2019 | 8.73 | 3.78% |
| 2018 | 8.41 | -87.17% |
| 2017 | 65.6 | 186.46% |
| 2016 | 22.9 | 41.79% |
| 2015 | 16.1 | 58.95% |
| 2014 | 10.2 | -50.77% |
| 2013 | 20.6 | 32.82% |
| 2012 | 15.5 | 12.73% |
| 2011 | 13.8 | -22.62% |
| 2010 | 17.8 | -56.92% |
| 2009 | 41.3 | -8874.31% |
| 2008 | -0.4710 | -103.04% |
| 2007 | 15.5 | 7.76% |
| 2006 | 14.4 | -606% |
| 2005 | -2.84 |
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.