P/E ratio for Peab (PEAB-B.ST)
P/E ratio as of May 2024 (TTM): 8.25
According to Peab's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 8.24636. At the end of 2022 the company had a P/E ratio of 9.43.
P/E ratio history for Peab from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.43 | -33.47% |
| 2021 | 14.2 | 70.53% |
| 2020 | 8.31 | -20.24% |
| 2019 | 10.4 | 4.09% |
| 2018 | 10.0 | -0.64% |
| 2017 | 10.1 | -18.51% |
| 2016 | 12.4 | -48.16% |
| 2015 | 23.8 | 50.99% |
| 2014 | 15.8 | -59.75% |
| 2013 | 39.2 | 200.65% |
| 2012 | 13.0 | 29.17% |
| 2011 | 10.1 | -27.3% |
| 2010 | 13.9 | 36.54% |
| 2009 | 10.2 |
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.