P/E ratio for Pick n Pay Stores (PIK.JO)
P/E ratio at the end of 2022: 14.7
According to Pick n Pay Stores's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.99956. At the end of 2022 the company had a P/E ratio of 14.7.
P/E ratio history for Pick n Pay Stores from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 14.7 | -28.41% |
| 2021 | 20.5 | 11.67% |
| 2020 | 18.3 | 6.76% |
| 2019 | 17.2 | 2.62% |
| 2018 | 16.7 | -13.11% |
| 2017 | 19.3 | -14.1% |
| 2016 | 22.4 | 22.92% |
| 2015 | 18.2 | -11.26% |
| 2014 | 20.5 | 13.93% |
| 2013 | 18.0 | 149.83% |
| 2012 | 7.22 | -29.65% |
| 2011 | 10.3 | 59.13% |
| 2010 | 6.45 | -16.15% |
| 2009 | 7.69 | 23.97% |
| 2008 | 6.20 | -27.83% |
| 2007 | 8.60 | 28.15% |
| 2006 | 6.71 | 27.25% |
| 2005 | 5.27 | -3.29% |
| 2004 | 5.45 | -57.55% |
| 2003 | 12.8 | 5.11% |
| 2002 | 12.2 | -31.81% |
| 2001 | 17.9 |
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.