PriceSmart
PSMT
#3556
Rank
$2.22 B
Marketcap
$72.03
Share price
0.03%
Change (1 day)
-0.85%
Change (1 year)

P/E ratio for PriceSmart (PSMT)

P/E ratio as of November 2022 (TTM): 21.3

According to PriceSmart 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 21.3107. At the end of 2021 the company had a P/E ratio of 22.4.

P/E ratio history for PriceSmart from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
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%
201340.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
30.5 43.21%๐Ÿ‡บ๐Ÿ‡ธ USA
40.1 88.17%๐Ÿ‡บ๐Ÿ‡ธ USA
25.1 17.59%๐Ÿ‡บ๐Ÿ‡ธ USA
21.2-0.50%๐Ÿ‡บ๐Ÿ‡ธ USA
18.6-12.61%๐Ÿ‡บ๐Ÿ‡ธ USA
37.8 77.16%๐Ÿ‡บ๐Ÿ‡ธ USA
-10.5-149.23%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.