Playtech
PTEC.L
#4291
Rank
$1.78 B
Marketcap
Isle of Man
Country
$5.78
Share price
-2.72%
Change (1 day)
-8.40%
Change (1 year)

P/E ratio for Playtech (PTEC.L)

P/E ratio at the end of 2022: 20.6

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.

P/E ratio history for Playtech from 2006 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202220.6470.64%
20213.60-182.35%
2020-4.38-93.65%
2019-69.0-732.56%
201810.9-5.03%
201711.5-28.91%
201616.2-25.13%
201521.647.99%
201414.6267.15%
20133.97-70.76%
201213.657%
20118.65-56.44%
201019.910.31%
200918.0-18.34%
200822.0-13.58%
200725.5142.23%
200610.5

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.