P/E ratio for PSP Swiss Property (PSPN.SW)
P/E ratio as of April 2024 (TTM): 29.9
According to PSP Swiss Property's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.8745. At the end of 2022 the company had a P/E ratio of 15.1.
P/E ratio history for PSP Swiss Property from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 15.1 | 72.14% |
| 2021 | 8.77 | -52.8% |
| 2020 | 18.6 | 37.48% |
| 2019 | 13.5 | -6.27% |
| 2018 | 14.4 | -12.45% |
| 2017 | 16.5 | -45.19% |
| 2016 | 30.0 | 39.25% |
| 2015 | 21.6 | -3.72% |
| 2014 | 22.4 | 75.36% |
| 2013 | 12.8 | 21.33% |
| 2012 | 10.5 | 26.19% |
| 2011 | 8.34 | -26.24% |
| 2010 | 11.3 | 9.25% |
| 2009 | 10.4 |
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.