PKN Orlen
PKN.WA
#981
Rank
$18.98 B
Marketcap
$16.35
Share price
2.64%
Change (1 day)
25.19%
Change (1 year)

P/E ratio for PKN Orlen (PKN.WA)

P/E ratio as of March 2024 (TTM): 2.53

According to PKN Orlen 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.53468. At the end of 2022 the company had a P/E ratio of 2.26.

P/E ratio history for PKN Orlen from 2012 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20222.26-17%
20212.73-66.7%
20208.19-1.35%
20198.304.05%
20187.9824.61%
20176.40-6.93%
20166.88-34.05%
201510.4-429.62%
2014-3.17-103.99%
201379.3899.97%
20127.93

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.