P/E ratio for PGE Polska (PGE.WA)
P/E ratio as of April 2024 (TTM): 3.74
According to PGE Polska's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.73629. At the end of 2022 the company had a P/E ratio of 4.30.
P/E ratio history for PGE Polska from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 4.30 | 13.14% |
| 2021 | 3.80 | -96.49% |
| 2020 | 108 | -2985.26% |
| 2019 | -3.75 | -148.81% |
| 2018 | 7.69 | 21.93% |
| 2017 | 6.31 | -17.29% |
| 2016 | 7.63 | -196.61% |
| 2015 | -7.90 | -181.5% |
| 2014 | 9.69 | 25.55% |
| 2013 | 7.72 | -18.23% |
| 2012 | 9.44 | 19.42% |
| 2011 | 7.90 | -31.87% |
| 2010 | 11.6 | 5.61% |
| 2009 | 11.0 |
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.