P/E ratio for Pennon Group (PNN.L)
P/E ratio at the end of 2023: > 1000
According to Pennon Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2023 the company had a P/E ratio of > 1000.
P/E ratio history for Pennon Group from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2023 | > 1000 | 10888.1% |
| 2022 | 219 | 9828.77% |
| 2021 | 2.21 | -91.15% |
| 2020 | 25.0 | 73.24% |
| 2019 | 14.4 | 15.04% |
| 2018 | 12.5 | -45.84% |
| 2017 | 23.1 | 13.85% |
| 2016 | 20.3 | -11.14% |
| 2015 | 22.8 | 51.96% |
| 2014 | 15.0 | -79.37% |
| 2013 | 72.9 | 501.72% |
| 2012 | 12.1 | 14.07% |
| 2011 | 10.6 | -5.74% |
| 2010 | 11.3 | -18.52% |
| 2009 | 13.8 | 20.55% |
| 2008 | 11.5 | -21.55% |
| 2007 | 14.6 | -56.63% |
| 2006 | 33.7 | 147.08% |
| 2005 | 13.6 | 32.34% |
| 2004 | 10.3 | -40.34% |
| 2003 | 17.3 | 29.62% |
| 2002 | 13.3 | -17.96% |
| 2001 | 16.2 |
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.