Playtech
PTEC.L
#3934
Rank
$1.96 B
Marketcap
Isle of Man
Country
$5.50
Share price
-0.44%
Change (1 day)
-5.01%
Change (1 year)

P/E ratio for Playtech (PTEC.L)

P/E ratio at the end of 2021: 3.48

According to Playtech's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1768.33. At the end of 2021 the company had a P/E ratio of 3.48.

P/E ratio history for Playtech from 2006 to 2021

PE ratio at the end of each year

Year P/E ratio Change
20213.48-182.35%
2020-4.23-93.65%
2019-66.7-732.56%
201810.5-5.03%
201711.1-28.91%
201615.6-25.13%
201520.947.99%
201414.1267.15%
20133.84-70.76%
201213.121.13%
201110.8-43.55%
201019.210.31%
200917.4-18.34%
200821.3-13.58%
200724.7142.23%
200610.2

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.