P/E ratio for Precinct Properties (PCT.NZ)
P/E ratio at the end of 2022: 19.8
According to Precinct Properties '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 19.8.
P/E ratio history for Precinct Properties from 2009 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.8 | 76.74% |
| 2021 | 11.2 | -83.51% |
| 2020 | 68.0 | 488.81% |
| 2019 | 11.6 | 80.19% |
| 2018 | 6.41 | -30.52% |
| 2017 | 9.23 | -15.07% |
| 2016 | 10.9 | 5.82% |
| 2015 | 10.3 | 6.51% |
| 2014 | 9.64 | 47.83% |
| 2013 | 6.52 | -68.4% |
| 2012 | 20.6 | -74.45% |
| 2011 | 80.8 | -1830.84% |
| 2010 | -4.67 | 77.27% |
| 2009 | -2.63 |
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.