P/E ratio for Plus500 (PLUS.L)
P/E ratio at the end of 2022: 6.01
According to Plus500's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2022 the company had a P/E ratio of 6.01.
P/E ratio history for Plus500 from 2013 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 6.01 | 6.81% |
| 2021 | 5.63 | 41.36% |
| 2020 | 3.98 | -52.08% |
| 2019 | 8.31 | 57.67% |
| 2018 | 5.27 | -20.06% |
| 2017 | 6.59 | 37.72% |
| 2016 | 4.78 | -25.54% |
| 2015 | 6.43 | -23.44% |
| 2014 | 8.39 | 0.74% |
| 2013 | 8.33 |
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.