P/E ratio for Protector Forsikring (PROT.OL)
P/E ratio as of March 2025 (TTM): 18.7
According to Protector Forsikring's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 18.7156. At the end of 2022 the company had a P/E ratio of 7.61.
P/E ratio history for Protector Forsikring from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.61 | 2.64% |
| 2021 | 7.41 | 48.91% |
| 2020 | 4.98 | -100.43% |
| 2019 | < -1000 | 8517.95% |
| 2018 | -13.4 | -182.27% |
| 2017 | 16.3 | 24.28% |
| 2016 | 13.1 | -3.41% |
| 2015 | 13.6 | 62.61% |
| 2014 | 8.34 | 50.67% |
| 2013 | 5.53 | -1.27% |
| 2012 | 5.60 | -104.42% |
| 2011 | -127 | -1776.43% |
| 2010 | 7.56 | 103.64% |
| 2009 | 3.71 |
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.