P/E ratio for Power Corporation of Canada (POW.TO)
P/E ratio as of April 2024 (TTM): 14.0
According to Power Corporation of Canada's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.0129. At the end of 2022 the company had a P/E ratio of 9.02.
P/E ratio history for Power Corporation of Canada from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 9.02 | -6.97% |
| 2021 | 9.70 | 0.53% |
| 2020 | 9.65 | -27.04% |
| 2019 | 13.2 | 49.3% |
| 2018 | 8.86 | -24.22% |
| 2017 | 11.7 | -9.39% |
| 2016 | 12.9 | 72.02% |
| 2015 | 7.50 | -34.61% |
| 2014 | 11.5 | -23.92% |
| 2013 | 15.1 | 5.7% |
| 2012 | 14.3 | 39.47% |
| 2011 | 10.2 | -41.25% |
| 2010 | 17.4 | -16.59% |
| 2009 | 20.9 | 68.44% |
| 2008 | 12.4 | -3.39% |
| 2007 | 12.8 | 8.63% |
| 2006 | 11.8 | -15.38% |
| 2005 | 13.9 | -6.87% |
| 2004 | 15.0 | 72.35% |
| 2003 | 8.69 | -32.17% |
| 2002 | 12.8 | -9.9% |
| 2001 | 14.2 |
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.