P/E ratio for PSI Software (PSAN.DE)
P/E ratio as of May 2024 (TTM): -65.0
According to PSI Software's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -65.0326. At the end of 2022 the company had a P/E ratio of 36.2.
P/E ratio history for PSI Software from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 36.2 | -21.01% |
| 2021 | 45.8 | 24% |
| 2020 | 37.0 | 61.74% |
| 2019 | 22.9 | -2.46% |
| 2018 | 23.4 | -22.76% |
| 2017 | 30.3 | 36.76% |
| 2016 | 22.2 | -17.46% |
| 2015 | 26.9 | -42.76% |
| 2014 | 46.9 | -89.61% |
| 2013 | 452 | 1611.4% |
| 2012 | 26.4 | -15.73% |
| 2011 | 31.3 | -20.71% |
| 2010 | 39.5 | 105.32% |
| 2009 | 19.2 |
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.