Playtech
PTEC.L
#3681
Rank
$2.05 B
Marketcap
Isle of Man
Country
$6.70
Share price
0.36%
Change (1 day)
-32.53%
Change (1 year)

P/E ratio for Playtech (PTEC.L)

P/E ratio at the end of 2021: 3.15

According to Playtech's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.59867. At the end of 2021 the company had a P/E ratio of 3.15.

P/E ratio history for Playtech from 2006 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20213.15-182.35%
2020-3.82-93.65%
2019-60.3-732.56%
20189.53-5.03%
201710.0-28.91%
201614.1-25.13%
201518.847.99%
201412.7267.15%
20133.47-70.76%
201211.921.13%
20119.79-43.55%
201017.310.31%
200915.7-18.34%
200819.3-13.58%
200722.3142.23%
20069.20

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.