According to Playtech's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1902.64. At the end of 2022 the company had a P/E ratio of 20.6.
Year | P/E ratio | Change |
---|---|---|
2022 | 20.6 | 470.64% |
2021 | 3.60 | -182.35% |
2020 | -4.38 | -93.65% |
2019 | -69.0 | -732.56% |
2018 | 10.9 | -5.03% |
2017 | 11.5 | -28.91% |
2016 | 16.2 | -25.13% |
2015 | 21.6 | 47.99% |
2014 | 14.6 | 267.15% |
2013 | 3.97 | -70.76% |
2012 | 13.6 | 57% |
2011 | 8.65 | -56.44% |
2010 | 19.9 | 10.31% |
2009 | 18.0 | -18.34% |
2008 | 22.0 | -13.58% |
2007 | 25.5 | 142.23% |
2006 | 10.5 |
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.