P/E ratio for Philips (PHG)
P/E ratio as of April 2025 (TTM): -32.7
According to Philips's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -32.6506. At the end of 2022 the company had a P/E ratio of -8.61.
P/E ratio history for Philips from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -8.61 | -194.72% |
| 2021 | 9.09 | -75.13% |
| 2020 | 36.6 | 1.88% |
| 2019 | 35.9 | 53.48% |
| 2018 | 23.4 | 20.8% |
| 2017 | 19.4 | 2.26% |
| 2016 | 18.9 | -44.53% |
| 2015 | 34.1 | -31.84% |
| 2014 | 50.1 | 119.23% |
| 2013 | 22.8 | -97.47% |
| 2012 | 901 | -7874.31% |
| 2011 | -11.6 | -171.82% |
| 2010 | 16.1 | -66.26% |
| 2009 | 47.8 | -91.39% |
| 2008 | 555 | 11632.07% |
| 2007 | 4.73 | -30.9% |
| 2006 | 6.85 | -42.97% |
| 2005 | 12.0 | 18.42% |
| 2004 | 10.1 | -77.7% |
| 2003 | 45.5 | -758.57% |
| 2002 | -6.91 | -51.7% |
| 2001 | -14.3 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 20.9 | -163.89% | 🇺🇸 USA |
 | 22.0 | -167.23% | 🇩🇪 Germany |
 | 30.1 | -192.11% | 🇮🇪 Ireland |
 | 29.2 | -189.43% | 🇺🇸 USA |
 | 33.9 | -203.88% | 🇺🇸 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.