Philips
PHG
#761
Rank
$25.67 B
Marketcap
$27.39
Share price
1.52%
Change (1 day)
40.68%
Change (1 year)

P/E ratio for Philips (PHG)

P/E ratio as of May 2024 (TTM): -38.4

According to Philips's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -38.3985. 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%
20219.09-75.13%
202036.61.88%
201935.953.48%
201823.420.8%
201719.42.26%
201618.9-44.53%
201534.1-31.84%
201450.1119.23%
201322.8-97.47%
2012901-7874.31%
2011-11.6-171.82%
201016.1-66.26%
200947.8-91.39%
200855511632.07%
20074.73-30.9%
20066.85-42.97%
200512.018.42%
200410.1-77.7%
200345.5-758.57%
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
30.1-178.51%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
19.7-151.34%๐Ÿ‡บ๐Ÿ‡ธ USA
37.6-197.97%๐Ÿ‡บ๐Ÿ‡ธ USA
16.2-142.28%๐Ÿ‡ฉ๐Ÿ‡ช Germany
25.2-165.62%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.