PIERER Mobility
PKTM.VI
#4385
Rank
$1.71 B
Marketcap
$50.77
Share price
2.84%
Change (1 day)
-40.54%
Change (1 year)

P/E ratio for PIERER Mobility (PKTM.VI)

P/E ratio as of March 2024 (TTM): 20.2

According to PIERER Mobility 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.2254. At the end of 2015 the company had a P/E ratio of 28.3.

P/E ratio history for PIERER Mobility from 2009 to 2016

PE ratio at the end of each year

Year P/E ratio Change
201528.3
20137.98-138.22%
2012-20.9289.22%
2011-5.37-15.1%
2010-6.32-126.79%
200923.6

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.