P/E ratio for Primary Health Properties (PHP.L)
P/E ratio at the end of 2022: 27.2
According to Primary Health Properties's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2259.09. At the end of 2022 the company had a P/E ratio of 27.2.
P/E ratio history for Primary Health Properties from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 27.2 | 102.42% |
| 2021 | 13.4 | -15.59% |
| 2020 | 15.9 | -168.46% |
| 2019 | -23.2 | -322.63% |
| 2018 | 10.4 | 47.73% |
| 2017 | 7.06 | -51.01% |
| 2016 | 14.4 | 100.15% |
| 2015 | 7.20 | -19.38% |
| 2014 | 8.93 | -23.31% |
| 2013 | 11.6 | -93.24% |
| 2012 | 172 | 1175.15% |
| 2011 | 13.5 | 105.38% |
| 2010 | 6.58 | -22.71% |
| 2009 | 8.51 | -335.85% |
| 2008 | -3.61 | -219.91% |
| 2007 | 3.01 | -20.66% |
| 2006 | 3.79 | 3.55% |
| 2005 | 3.66 | -69.69% |
| 2004 | 12.1 | 10.32% |
| 2003 | 11.0 | -31.28% |
| 2002 | 15.9 | -2.39% |
| 2001 | 16.3 |
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.