PriceSmart
PSMT
#3794
Rank
$2.43 B
Marketcap
$79.45
Share price
-0.77%
Change (1 day)
3.18%
Change (1 year)

P/E ratio for PriceSmart (PSMT)

P/E ratio as of April 2024 (TTM): 21.2

According to PriceSmart 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.2387. At the end of 2022 the company had a P/E ratio of 17.6.

P/E ratio history for PriceSmart from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202217.6-21.51%
202122.4-30.76%
202032.416.85%
201927.72.33%
201827.1-8.69%
201729.75.25%
201628.23.67%
201527.2-9.32%
201430.0-26.5%
201340.828.86%
201231.7-7.12%
201134.162.36%
201021.046.04%
200914.41.67%
200814.2-74.58%
200755.752.3%
200636.6-803.91%
2005-5.19300.43%
2004-1.3021.6%
2003-1.07-107.49%
200214.2-76.42%
200160.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
11.5-45.80%๐Ÿ‡บ๐Ÿ‡ธ USA
58.1 173.45%๐Ÿ‡บ๐Ÿ‡ธ USA
15.8-25.83%๐Ÿ‡บ๐Ÿ‡ธ USA
23.6 11.30%๐Ÿ‡บ๐Ÿ‡ธ USA
23.4 10.20%๐Ÿ‡บ๐Ÿ‡ธ USA
33.3 56.95%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.1858-100.87%๐Ÿ‡บ๐Ÿ‡ธ USA

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.