P/E ratio for Ponsse (PON1V.HE)
P/E ratio as of April 2024 (TTM): 26.4
According to Ponsse's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 26.3656. At the end of 2022 the company had a P/E ratio of 19.0.
P/E ratio history for Ponsse from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.0 | -11.2% |
| 2021 | 21.4 | -14.9% |
| 2020 | 25.2 | 51.03% |
| 2019 | 16.7 | -0.76% |
| 2018 | 16.8 | 1.23% |
| 2017 | 16.6 | 12.78% |
| 2016 | 14.7 | 18.59% |
| 2015 | 12.4 | 10.43% |
| 2014 | 11.2 | -62.39% |
| 2013 | 29.9 | 121.26% |
| 2012 | 13.5 | -5.5% |
| 2011 | 14.3 | |
| 2009 | -9.05 |
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.