P/E ratio for PhosAgro (PHOR.ME)
P/E ratio as of April 2024 (TTM): 6.63
According to PhosAgro 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.62956. At the end of 2021 the company had a P/E ratio of 5.85.
P/E ratio history for PhosAgro from 2012 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 5.85 | -75.61% |
| 2020 | 24.0 | 279.25% |
| 2019 | 6.32 | -57.62% |
| 2018 | 14.9 | 16.96% |
| 2017 | 12.8 | 126.64% |
| 2016 | 5.63 | -44.16% |
| 2015 | 10.1 | -163.92% |
| 2014 | -15.8 | -201.25% |
| 2013 | 15.6 | 107.25% |
| 2012 | 7.51 |
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.