P/E ratio for PNE AG (PNE3.DE)
P/E ratio as of May 2024 (TTM): -67.5
According to PNE AG's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -67.5451. At the end of 2022 the company had a P/E ratio of 110.
P/E ratio history for PNE AG from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 110 | 315.24% |
| 2021 | 26.5 | -92.44% |
| 2020 | 350 | -187.11% |
| 2019 | -402 | |
| 2017 | 13.0 | 444.56% |
| 2016 | 2.40 | -95.37% |
| 2015 | 51.8 | -616.74% |
| 2014 | -10.0 | -382.96% |
| 2013 | 3.54 | -42.56% |
| 2012 | 6.16 | -129.98% |
| 2011 | -20.6 | -343.42% |
| 2010 | 8.44 | 15.36% |
| 2009 | 7.32 |
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.