According to Piraeus Financial Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.85792. At the end of 2022 the company had a P/E ratio of 1.90.
Year | P/E ratio | Change |
---|---|---|
2022 | 1.90 | -1725.28% |
2021 | -0.1170 | -86.32% |
2020 | -0.8553 | -397.35% |
2019 | 0.2876 | -40424.26% |
2018 | -0.0007 | -99.82% |
2017 | -0.4054 | -87.23% |
2016 | -3.17 | 9621.97% |
2015 | -0.0327 | -80.68% |
2014 | -0.1690 | -5712.68% |
2013 | 0.0030 | -106.12% |
2012 | -0.0492 | 1837.99% |
2011 | -0.0025 | -99.81% |
2010 | -1.31 | -258.29% |
2009 | 0.8285 |
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.