P/E ratio for Pets at Home (PETS.L)
P/E ratio at the end of 2022: 14.3
According to Pets at Home's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1103.44. At the end of 2022 the company had a P/E ratio of 14.3.
P/E ratio history for Pets at Home from 2014 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.3 | -30.4% |
| 2021 | 20.5 | 4.24% |
| 2020 | 19.7 | -19.73% |
| 2019 | 24.5 | 105.01% |
| 2018 | 12.0 | -0.54% |
| 2017 | 12.0 | -25.31% |
| 2016 | 16.1 | 9.84% |
| 2015 | 14.7 | -139.14% |
| 2014 | -37.4 |
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.