According to Petco's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.7692. At the end of 2022 the company had a P/E ratio of 29.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 29.6 | -28.15% |
2021 | 41.2 | -112.84% |
2020 | -321 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() | 41.5 | 74.69% | ๐บ๐ธ USA |
![]() | 18.8 | -21.06% | ๐บ๐ธ USA |
![]() | -62.2 | -361.56% | ๐บ๐ธ USA |
![]() | 14.2 | -40.36% | ๐บ๐ธ USA |
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.