Perrigo
PRGO
#2869
Rank
$4.36 B
Marketcap
$32.19
Share price
2.32%
Change (1 day)
-6.99%
Change (1 year)

P/E ratio for Perrigo (PRGO)

P/E ratio as of March 2024 (TTM): -64.4

According to Perrigo's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -64.38. At the end of 2022 the company had a P/E ratio of -32.8.

P/E ratio history for Perrigo from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-32.8-57.03%
2021-76.3104.67%
2020-37.3-177.91%
201947.814.8%
201841.7-60.32%
2017105-3284.55%
2016-3.30-99.45%
2015-603-1164.01%
201456.71.91%
201355.6153.34%
201221.9-16.32%
201126.224.65%
201021.010.93%
200919.0-17.23%
200822.9-26.04%
200731.037.9%
200622.5-778.09%
2005-3.31-116.12%
200420.637.33%
200315.0-5.12%
200215.8-23.91%
200120.7

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.9-118.47%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.0001-100.00%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
2.97-104.62%๐Ÿ‡บ๐Ÿ‡ธ USA
-43.8-32.03%๐Ÿ‡บ๐Ÿ‡ธ USA

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.