P/E ratio for Port of Tauranga (POT.NZ)
P/E ratio at the end of 2022: 35.6
According to Port of Tauranga's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.7681. At the end of 2022 the company had a P/E ratio of 35.6.
P/E ratio history for Port of Tauranga from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 35.6 | -10.01% |
| 2021 | 39.6 | -25.14% |
| 2020 | 52.9 | 41.33% |
| 2019 | 37.4 | 15.87% |
| 2018 | 32.3 | 8.25% |
| 2017 | 29.9 | 3.02% |
| 2016 | 29.0 | 10.94% |
| 2015 | 26.1 | 42.47% |
| 2014 | 18.3 | 43.97% |
| 2013 | 12.7 | -16.01% |
| 2012 | 15.2 | 3.1% |
| 2011 | 14.7 | -27.86% |
| 2010 | 20.4 | 22.76% |
| 2009 | 16.6 | 1.64% |
| 2008 | 16.3 | -14.49% |
| 2007 | 19.1 | -15.95% |
| 2006 | 22.7 | 36.91% |
| 2005 | 16.6 | -15.46% |
| 2004 | 19.6 | 35.45% |
| 2003 | 14.5 | -29.2% |
| 2002 | 20.5 | -21.22% |
| 2001 | 26.0 |
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.