PROG Holdings
PRG
#4566
Rank
$1.50 B
Marketcap
$34.44
Share price
1.09%
Change (1 day)
51.05%
Change (1 year)

P/E ratio for PROG Holdings (PRG)

P/E ratio as of March 2024 (TTM): 10.4

According to PROG Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4048. At the end of 2022 the company had a P/E ratio of 8.80.

P/E ratio history for PROG Holdings from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20228.80-28.43%
202112.3-121.68%
2020-56.7-152.68%
2019108760.16%
201812.552.91%
20178.18-42.09%
201614.139.16%
201510.2-57.7%
201424.053.08%
201315.749.08%
201210.5-32.12%
201115.529.95%
201011.916.56%
200910.2-6.56%
200811.09.97%
20079.96-33.24%
200614.95.21%
200514.2-20.55%
200417.826.28%
200314.16.96%
200213.2-27.31%
200118.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
112 972.42%๐Ÿ‡บ๐Ÿ‡ธ USA
24.2 132.52%๐Ÿ‡บ๐Ÿ‡ธ USA
10.4 0.00%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.