Playtech
PTEC.L
#4490
Rank
$1.67 B
Marketcap
Isle of Man
Country
$7.10
Share price
0.00%
Change (1 day)
-7.43%
Change (1 year)

P/E ratio for Playtech (PTEC.L)

P/E ratio at the end of 2022: 21.1

According to Playtech's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2272.63. At the end of 2022 the company had a P/E ratio of 21.1.

P/E ratio history for Playtech from 2006 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202221.1470.64%
20213.70-182.35%
2020-4.49-93.65%
2019-70.8-732.56%
201811.2-5.03%
201711.8-28.91%
201616.6-25.13%
201522.147.99%
201415.0267.15%
20134.08-70.76%
201213.957%
20118.88-56.44%
201020.410.31%
200918.5-18.34%
200822.6-13.58%
200726.2142.23%
200610.8

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.